American Diversified Holdings Corporation Announces That it has Completed Its Acquisition of Mississauga, Ontario Based Cloud...
20 Décembre 2011 - 3:00PM
American Diversified Holdings Corporation (ADHC.PK) has announced
it has completed its previously announced intention to acquire
Rebel Networks. This announcement is contained in the Company's
latest filing with the Pink Sheets dated December 16th, 2011. The
Company has made the requisite contractual payment to complete the
acquisition and will now embark on an ambitious capital expenditure
program to more than double Rebel's capacity as well as complete
development of its previously announced small business suite of
cloud based software products.
The Company also plans to completely consolidate the operations
and finances of Rebel Networks and plans to have this completed in
time for its next quarterly filing. This consolidation will help
expand Rebel's 400+ customer base as well as enhance its high gross
margin operations by providing the necessary funds to accelerate
its growth both in terms of number of clients as well as products
offered. It is the Company's intention to significantly increase
Rebel's participation in the $160 billion cloud computing
industry.
Rebel Networks is a leading provider of outsourced internet
infrastructure and related managed web solutions. Rebel Networks
services include the provision of self-managed and fully managed
dedicated servers, unmanaged collocation services, domain names
services, web design, application development and shared web
hosting solutions. Rebel Networks deploys secure, scalable high
performance business solutions to customers ranging from small,
emerging businesses to large and enterprise corporations. For more
information visit www.rebelnetworks.com
American Diversified Holdings Corporation (Pink Sheets:ADHC) is
a publicly traded Company headquartered in Del Mar, California.
This press release contains forward looking statements pursuant
to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements include risks and
uncertainties that may cause the company's plans to change and are
in no way intended to guarantee that the company will be successful
in executing its plans. American Diversified Holdings common stock
currently trades on the over-the-counter "Pink Sheets" under the
symbol ADHC. This press release in no way constitutes any
recommendation regarding the securities of ADHC or its affiliates.
Any person reading this press release is advised that this release
should be considered in the light of all facts and circumstances
regarding the business and financial condition and prospects of
ADHC, and no inference has been made that this release contains all
such information.
CONTACT: American Diversified Holdings Corporation
ir@americandiversifiedholdings.com
www.americandiversifiedholdings.com
American Diversified (PK) (USOTC:ADHC)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
American Diversified (PK) (USOTC:ADHC)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025
Real-Time news about American Diversified Holdings Corporation (PK) (OTCMarkets): 0 recent articles
Plus d'articles sur American Diversified Holdings Corporation