Asgard Holdings, Inc. -AGDH- Completes Contract with On-Demand Service Co., LTD -BVI-.ESCONDIDO, Calif. -- Asgard Holdings, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :AGDH) is pleased to announce it has executed a contract with On-Demand Service Co., LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (BVI) for Fifty Five Percent (55%) of RoomWorX, Inc. of Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , NV. In exchange for the controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail of RoomWorX, On-Demand Service Co., will receive Fifty Million (50,000,000) Shares of Asgard Holdings, Inc. and the infusion of Three Hundred Thousand ($300,000.00) Dollars for the promotion and dissemination of RoomWorX products and services (i.e., advertisements, trade shows and internet marketing). On-Demand Service Co., LTD will also provide the services of Director Daniel P. Cook to act as an executive manager and assist RoomWorX in its day-to-day activities in sales, marketing and operational development. "RoomWorX, Inc. provides custom connectivity and entertainment solutions to the hospitality marketplace. Solutions will bundle in-room necessities such as Secure High Speed Broadband connectivity, Flat Panel HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates LCD screens, integrated Thin Client Computing See thin client. and video entertainment options," stated Virgil Williams, 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. of Asgard Holdings, Inc. "RoomWorX leverages technologies to think ahead and deliver lasting solutions that are easy to implement, easy to use, easy to support and most of all, easy to afford," Williams said. Asgard Holding will assist RoomWorX in expanding the marketplace for their innovated solutions through target marketing. Asgard will introduce and promote the company's technologies to numerous business partners and locations in the Hospitality industry. "We are extremely confident that the market will embrace the solutions provided by RoomWorX and will recognize them as a leader of innovated ideas for the future," stated Williams. Mr. Williams further stated: "This acquisition takes Asgard to the point where we can move forward with our application for an OTC re-listing. The added value of RoomWorX and the revenue generated will take us to the next level and will prove to make us profitable in the very near future." Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. |
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