Super News im Hause Winsted Holdings! Glaube hier könnte noch viel mehr Bewegung entstehen!
Appletree Capital Takes Over Winsted Holdings and Announces New Control
Datum : 13/07/2007 @ 16h15
Quelle : BusinessWire
Name : Winsted Holdings, Inc. (WNSH)
Kurs : 0.0006 0.0001 (20.00%) @ 22h13
Appletree Capital Takes Over Winsted Holdings and Announces New Control
Winsted Holdings, Inc. (Pink Sheets:WNSH) updates the market and announces new control by Appletree Capital Ltd.
New CEO and President Francis Manzo stated, “My objective for Winsted is to turnaround a stagnant situation and create shareholder value through innovative strategies.” Former CEO Mark Ellis has resigned from the company and is no longer related or involved with the company. Winsted plans to change from a BDC to a Holding company format. This format will allow Winsted, through Appletree Capital and its partners, to bring multiple solid private companies into the public venue. Mr. Manzo went on to state, “We intend to use the same formula as Appletree Capital currently does in order to expose viable private companies to the public capital markets and to our venture capitalists.” Winsted is developing a new website
http://www.winstedholdings.com in order to keep our shareholders informed on the company’s progress through this transitional period. The company and Appletree Capital are also in the process of reviewing reverse merger candidates. Some of these candidates are in the sectors of food, retail, consumer products, and financial firms. Further updates will be forthcoming.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as WNSH or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.