Brookside Technology Holdings Provides Shareholder Update On Prospective Acquisitions
06 Août 2007 - 4:25PM
Business Wire
Brookside Technology Holdings Corp. ("BKSD" or the "Company")
(OTCBB:BKSD), through its Chairman/CEO Michael Nole, today provides
an update on the prospective acquisitions currently under Letters
of Intent with BKSD. Mr. Nole stated: "Since we have now completed
our redomestication into Florida and name/symbol change, I feel it
is a good time to provide our shareholders a brief progress update
on BKSD�s continued expansion efforts by consolidating through
mergers, acquisitions and asset purchases of like companies.
Although there can be no assurances that any acquisition will be
successfully completed, we continue to make advances in the
acquisition of US Voice & Data, Inc. (�USVD�) of Louisville,
Kentucky. We also are exploring the acquisition of WaveTech Plus of
Tampa, Florida. Our goal, barring unforeseen circumstances, is to
close USVD by the end of August with the WaveTech transaction
closing thereafter. The combined revenues and positive EBITDA of
these companies should represent a significant increase in the
Company�s revenues and EBITDA. The Company currently contemplates
that the purchase price for USVD will consist primarily of cash.
The Company is currently seeking bank debt financing for this
purpose. There can be no assurances that it will be able to obtain
such bank financing.� About Brookside Technology Holdings Corp.
Brookside Technology Holdings Corp. is a holding company whose goal
is to consolidate through mergers, acquisitions and asset purchases
of like companies looking to capitalize on the highly specialized
market of providing turnkey converged voice and data solutions for
companies of all sizes and types. More information on the Company
can be found at www.brooksideus.com Forward-Looking Statement:
Except for factual statements made herein, the information
contained in this press release consists of forward-looking
statements that involve risks and uncertainties, including the
effect of changing economic conditions, customer acceptance of
products and other risks and uncertainties, including those risks
set forth in the Company�s Form 8-K filed on February 27, 2007 with
the SEC. Such forward-looking statements are not guarantees of
performance, and the Company�s results could differ materially from
those contained in such statements. These forward-looking
statements speak only as of the date of this release, and the
Company undertakes no obligation to publicly update any
forward-looking statements to reflect new information, events or
circumstances after the date of this release.
BluePrint Technologies (CE) (USOTC:BKSD)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
BluePrint Technologies (CE) (USOTC:BKSD)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025
Real-Time news about BluePrint Technologies Inc (CE) (OTCMarkets): 0 recent articles
Plus d'articles sur Brookside Technology Holdings Corp.