American United Corp, Inc Acquires Studio Bromont, Inc By Way of Reverse Take Over.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--Sept. 11, 2003 Studio Bromont, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SBRT SBRT Stereotactic Body Radiation Therapy SBRT Sociedade Brasileira de Radioterapia (Portugese) ), is pleased to announce the shares exchange agreement with American United Corp, Inc (AUC AUC area under curve ). Studio Bromont Inc. is acquiring all the outstanding shares of AUC for a total amount of $13,125,000. In exchange, the company as of payment will issue 26,250,000 shares of its capital at $0.50 / per share. Studio Bromont, Inc will become American United Corp and will have AUC as a wholly-owned subsidiary. The closing and the name change will be effective as of September 29th, 2003. The National Association of Security Dealer the over the counter regulator will be asked to change the company trading symbol Trading symbol See: Ticker symbol . Until the final approval is obtained from the regulatory authorities, the current company trading symbol will remain effective. "By becoming public, the new group will have a faster expansion in the markets and with this synergy, our organization will be more attractive to institutional investors" commented Benoit Laliberte, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . American United Corp, is a holding and management company of the next generation of Voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VoIP-based) telecommunication company. The organization currently has five (5) subsidiaries : Prolan pro·lan n. 1. Human chorionic gonadotropin. No longer in scientific use. 2. Either of two hormones of the pituitary gland, luteinizing hormone and follicle-stimulating hormone. No longer in scientific use. Inc, Smartnet.ca Inc, Vectoria Telecom Inc, American United Telecom Inc and American Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Inc. Each company operates in a specific niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. in a fast growing global world wide IP-based telephony network. This new group has created a network that is providing services from local IP-based telecommunication to international telecommunication carrier. Vectoria Telecom, Inc operates sophisticated extended local communication VoIP central office, while American United Telecom, Inc is engaged in state-of-the-art International Telecommunication Gateway in high potential foreign countries. The remaining companies provide Network integration services, custom Internet connection and customer financial services. The Company is launching as of October 13th its revolutionary telecommunication module. The unit that is the size of a regular business card will transform a home business regular telephone line into a powerful low cost national and international long distance telephony service. AUC is a fast growing organization and to sustain its expected growth, $2 million additional financing by way of private placements is in progress. This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company's control. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change. |
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