DRMC and its Management Confirm No Affiliations With Jehu Hand

 

LAGUNA HILLS, CA -- December 16, 2015 -- InvestorsHub NewsWire -- Definitive Rest Mattress Company (OTC PINKSHEETS: DRMC)

The Company is providing this statement in response to a December 14, 2015 online article (the Article) that had expressed well established connections between the Company and Jehu Hand (an attorney), who reportedly has been charged by the Securities and Exchange Commission with securities violations.

(The SEC news release is at https://www.sec.gov/litigation/litreleases/2015/lr23424.htm, and the online Article is at http://www.theotc.today/2015/12/pump-dump-superstar-attorney-jehu-hand.html?m=1.)

It should be noted that the SEC did not suggest any connections between the Company and Mr. Hand --- instead it was the Article that mentioned well established connections between the Company and Jehu Hand, and without reference to any evidence or source. The Articles linking the Company with Mr. Hand further and wrongly suggests that the Company has engaged in securities improprieties in association with Mr. Hand.

As a result, the Company has been compelled to respond that it and its management has no such well established connections or even any connections with Mr. Hand. The following chronology narrative will explain the Companys legitimate business operations along with the lack of any relations with Mr. Hand.

As disclosed in the Companys reports filed at OTC Markets, the Company in November 2013 transitioned into its current Definitive Rest Mattress Company name by a reverse merger with a Definitive Rest Mattress Company business that also brought the present management team into the Companys helm. At the time of the 2013 reverse merger and transition to the current management team, the Company was aided by legal counsel that was not Mr. Hand. In short, Mr. Hand was never legal counsel to the Company.

The Company has also inquired with its transfer agent to confirm that the transfer agent has no record of any legal communications involving Mr. Hand concerning the Companys securities. Again, the Company has no connections with Mr. Hand.

In short, contrary to the Article, there have been no connections or well established connections between the Company and Mr. Hand.

Mr. Hand aside, the Company wishes to emphasize that the Company is looking to a bright future for its shareholders. Throughout 2015, the Company has announced with press releases its ongoing progress in changing its business direction from a mattress company to a holding company(Zerez Holdings) that features NU Metals Technology division and a soon-to-be launched B2B Networking site. With the deliberate pace of a traditional micro-cap enterprise, the Company and its management team has been diligently working to prepare the company for its eventual name change and the completion of its new operations for launch. The development work has been ongoing, and the management team anticipates more announcements to share news of its progress and the eventual unveilings.

While we are disappointed that the Article wrongly asserted a well established connection between the Company and Jehu Hand, the silver lining is that the circumstances allowed the Company to share the legitimacy and industry of its management and operations in bringing about an operational transition that it is eager to share in the coming months.

The Company thanks its shareholders for its continuing support, and wishes a happy and prosperous holiday season to all.

About Definitive Rest Mattress Company: Definitive Rest Mattress Company is an Oklahoma corporation with its headquarters office located in Corona, California. The Company previously engaged in the manufacturing and sales of mattresses. In 2015, the Company has embarked upon a change of business direction into a Holding company. Please visit http://www.zerezholdings.com/.

 

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

Contact:

Definitive Rest Mattress Company

Email: IR@zerezholdings.com

 

 

 

 

 

Smart Cannabis (PK) (USOTC:SCNA)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024 Plus de graphiques de la Bourse Smart Cannabis (PK)
Smart Cannabis (PK) (USOTC:SCNA)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024 Plus de graphiques de la Bourse Smart Cannabis (PK)