Artemis Energy Holdings, Inc. Rescinds Deal, Returns Convenience Store Businesses to Artemis Acquisition Corp.
(firmenpresse) - ATLANTA, GA -- (Marketwired) -- 08/15/13 -- Artemis Energy Holdings Inc. (OTC Pink: ARTT) has rescinded the merger transaction with Artemis Acquisition Corp. ("AAC"). As part of the rescission all assets and subsidiary Travel Center Partners have been returned to AAC and Artemis Energy Holdings Inc. is no longer in the business of convenience stores, car-washes and quick service restaurants.
Shareholders of Artemis Acquisition Corp. will maintain the shares they owned in AAC prior to the merger according the management of AAC.
Artemis Energy Holdings President Ray Firth stated, "Now that the assets have been returned we will be focusing our efforts on the development of new features for Link My Stock and widening the distribution of our press release service through both Link My Stock and TransWorldNews.com.
We think that these core businesses have far greater potential for increasing shareholder value than the businesses that were returned to AAC."
Artemis Energy Holdings maintains its website TransWorldNews.com and Link My Stock, Inc. and its website LinkMyStock.com.
TransWorldNews.com is a news and press release distribution service. It provides distribution of press releases for individuals and businesses.
Link My Stock, Inc. owns LinkMyStock.com. LinkMyStock.com is a financial networking portal that provides public companies, broker dealers, brokers and individuals to network with one another. Link My Stock is a content management platform that provides members the ability to distribute press releases, post blogs, share videos, provide status updates, advertise and post pictures. The platform is designed to enhance a members brand while providing visitors a single place to find a variety of content verticals from the members they are looking at.
Forward Looking Statement:
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our financial networking and press release businesses. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with a smaller public company engaged in an industry subject to rapid change. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
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Artemis Energy Holdings, Inc.
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Datum: 15.08.2013 - 07:15 Uhr
Sprache: Deutsch
News-ID 1255137
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