KCM HOLDINGS CORP. (OTC:KCMH) has completed the acquisition of a 40-year longstanding sports award and memorabilia company located in South Florida. The company generated annual revenues of approximately $500,000. With the acquisition complete, KCMH projects an increase of revenue up to $1.3 million dollars in its first year with the implementation of adding government contracts to this acquired company�s revenue model. This is the first acquisition as part of KCMH�s distressed acquisition and incubation strategy. KCMH plans to acquire and incubate at least 10 more distressed companies within the next 5 years through proprietary strategies, partnerships and sourcing. The projected revenue of this strategy is $10 million in annual revenues within 5 years. As new owners of the company, KCM plans to immediately implement in-house proprietary business development strategies that will include an e-commerce and branding program. The company will compliment KCM�s other profitable in-house incubated ventures. Visit www.thekcmgroup.com for more information on KCMH including corporate presentations and financial reports. About KCM: KCM HOLDINGS CORP. is a strategic business incubation and holdings company specializing in a broad range of business development, support, design and development ventures. Visit www.thekcmgroup.com. Disclaimer Forward Looking Statement The contents of this Press Release may be deemed to include forward-looking statements within the meaning of United States securities laws and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and should not be relied upon for investing decisions. Actual results might differ materially from those projected in the forward-looking statements for a variety of reasons, including market conditions, competition and new regulatory requirements. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company�s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements.
KCM (CE) (USOTC:KCMH)
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