Pest Control Industry News - Pest Control Company Acquisition Negotiations Announced By RedwoodChemical.com and DGW Financial Lt
13 Mai 2005 - 3:30PM
PR Newswire (US)
Pest Control Industry News - Pest Control Company Acquisition
Negotiations Announced By RedwoodChemical.com and DGW Financial
Ltd. HOUSTON, May 13 /PRNewswire/ -- On-line pest extermination
products sales and marketing company, RedwoodChemical.com, Inc. has
initiated negotiations to acquire an established Texas based pest
control company. DGW Financial Ltd. (OTC Pinksheets: DGFJ) and
RedwoodChemical.com (visit http://www.redwoodchemical.com/)
recently announced a merger agreement. RedwoodChemical.com has
developed a three-pronged growth program to build assets, expand
sales potential, increase revenues and enhance profitability. The
company is currently negotiating the acquisition of a pest
extermination company with 15 trucks and over $1,500,000 in annual
revenue. They have established accounts with a number of major
commercial and real estate companies and numerous residential
service accounts. Richard Markle, CEO of RedwoodChemical.com,
stated, "As a result of the our merger with DGW Financial Ltd.
(DGFJ.PK) we have attracted considerable attention. This newest
acquisition target is an example of the corporate growth we should
be able to achieve as part of a publicly traded company." About
RedwoodChemical.com Structured to succeed in today's economy,
RedwoodChemical.com represents a unique growth company that has
been spun out from a Houston, Texas based specialty chemical
products formulator and distributor established in 1948. Visit
http://www.redwoodchemical.com/redwood-profiles.htm for corporate,
growth and investment profile information. Customers can save money
on stronger, professional strength products that offer longer
lasting, residual power for killing ants, roaches, fleas, termites
and other pests. For a complete overview of pest control products
available visit http://www.redwoodchemical.com/pest-supplies.htm.
Safe Harbor Forward-Looking Statements: This release contains
"forward-looking" statements as defined in Section 27A of the
Securities Act of 1933 as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements are made based on information available as of the date
hereof, and the company assumes no obligation to update such
forward-looking statements. Editors and investors are cautioned
that such forward-looking statements invoke risk and uncertainties
and the company's actual results may differ from these
forward-looking statements. Such risks and uncertainties include
but are not limited to demand for the company's products and
services, the ability to continue to develop markets, general
economic conditions, the ability to secure additional financing and
other factors that may be more fully described in reports to
shareholders and periodic filings with the Securities and Exchange
Commission. Contact: Redwoodchemical.com, Inc.: (281) 564-3700,
e-mail http://www.redwoodchemical.com/ DATASOURCE:
RedwoodChemical.com, Inc. CONTACT: Redwoodchemical.com, Inc.:
+1-281-564-3700, Web site: http://www.redwoodchemical.com/
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