ATNG Announces Planned Acquisition.FENTON, Mich. -- ATNG Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ATNG) announced today that it has formed Future Beverages Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , for the purpose of acquiring certain key assets from Phoenix-based IMPACT Beverages, Inc., as well as entering into an exclusive license agreement with Enhanced Beverages, Inc. A Letter of Intent (LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ) has been signed to commence the process, and will be followed by a Strategic Alliance Agreement, a financial audit, and the acquisition. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Robert C. Simpson, Chairman-CEO of ATNG Inc., "the technology of a cold fill process developed by Enhanced Beverages, Inc. enables introduction of a wide variety of life enhancing supplements into pure bottled water without affecting taste at all. Additionally, IMPACT Beverages has a great product line which is ready to go to market immediately. In fact, product has been shipped to Japan and Canada and within selected market areas in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . IMPACT has talks under way to supply several well known names in the retail distribution business." About ATNG ATNG has several strategic alliances of profitable or soon to be profitable companies in the works. The ATNG web site provides a communication link to those interested in our progress. Web site: www.atnginfo.com Contact information: ir@atnginfo.com Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion