Rising India, Inc. Announces Special Acquisitions Committee & Exploration of Strategic Alternatives
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 10/28/14 -- Rising India, Inc. (OTC: RSII), a dynamic developer of restaurant concepts and other ventures focused in meals and entertainment today, announced that the Company''s Board of Directors has formed a Special Acquisitions Committee to explore strategic alternatives to enhance shareholder value and accelerate growth through possible joint ventures, mergers, and/or new acquisitions pertaining to development and deployment of service, hospitality, and culinary based transactional technology.
The Special Acquisitions Committee has already commenced the exploration process for potential transactions including preliminary discussions and due-diligence. "We are very excited with the launch of the Committee, many captivating long-term opportunities have already been brought to the table, and with the Committee''s determination to establish a strong and diversified financial future for the Company through comprehensive examination of the best approach to delivering long-term value for our shareholders, I believe this path will likely prove to be abundantly fruitful," said CEO, James DiPrima today.
Rising India, Inc. is a dynamic developer of restaurant concepts and other ventures focused in meals and entertainment driven by our mission to become a global leader in delivering exceptional dinning and social experiences. Learn more at , or follow us on Social Media at: or .
Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company''s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company''s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
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Datum: 28.10.2014 - 08:29 Uhr
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News-ID 1313341
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