KING, NWTT, SAVW, SKGO Contend for European Green Energy Merger Candidate
Toronto, Canada /PRBuzz/ December 15, 2010 -- This news release is being disseminated by the aforementioned issuers IR firm Mina Mar Group (www.minamargroup.com). A new merger candidate is currently under evaluation by several IR clients.
Multiple issuers - KING, NWTT, SAVW, SKGO - are presently bidding to merge with a European manufacturer of green lighting solutions. The merger candidate developed two prototype models of outdoor lamps, and focuses on increasing energy efficiency, introduction of new technologies and reduction of maintenance costs, with a vision of creating a modern enterprise.
In preparation of this merger the following is an update on various issuers:
KING is in the process of registering with OTC Markets to start reporting on Pinks. Filings should commence early January 2011, NWTT appears to be teaming up with its new formed mining partnership to make a move,
SAVW operates in the same industry as the merger candidate, showing a strong position on the North American lighting market,
SKGO is on the cusp of raising all capital required to close Textraw deal, and plans to use the balance of funds in this green lighting merger.
Many issuers are seeing the benefits of a merger and the positive effect the marriage can have on their share price. As various States offer web based access to issuers share structures and some of the information becomes public in order to maintain transparency and defuse stock bashers hidden agendas, MMG is trying this new communication level, to level the playing field and to keep the various issuers followers advised as the merger sweepstakes progress. It is obvious that only one issuer will win the merger heart of the targeted company, however the followers of other issuers gain by knowing that their management is hard at work trying to achieve common goals of all concerned, and bringing values to their companies.
The managements of these companies are currently searching to find propositions that would entice the merger candidate. The issuers feel that this is a material event that warrants a public release and will inform the public on all subsequent developments via separate release.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of the Company that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. The Company cautions you that any forward-looking information provided by or on behalf of the Company is not a guarantee of future performance. Please read the full disclosure at this link www.minamargroup.com/edisclaimer. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind.
Tel: 1-647-426-1640; www.minamargroup.net/helpdesk, Investor Relations Department Inquiry, www.minamargroup.net (IR), for (M&A) and Corporate Matters, www.minamargroup.com
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