Bederra Corporation Announces Acquisition of Lumar Diagnostic Imaging, Inc.HOUSTON -- Bederra Corporation (Pink Sheets:BDRR) announces it has completed the acquisition of the privately held Lumar Diagnostic Imaging, Inc. Lumar Diagnostic Imaging, Inc. is a privately held Texas corporation located in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . Lumar Diagnostic Imaging, Inc. was formed to provide multi modality medical diagnostic imaging services such as MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. , CT, Ultrasound and Pain Management. The facility is located adjacent to the world-renowned Houston Texas Medical Center. Graham Williams Graham Williams was a British television producer and script editor, whose best known work was on the BBC science fiction television series Doctor Who. After working as script editor for The View From Daniel Pike (1971), Sutherland's Law said Bederra Corporation purchased only the assets of Lumar Diagnostic Imaging including the name, equipment, accounts, records and personnel. Last year the imaging center generated revenues in excess of $4 million and it is profitable. The purchase price consisted of cash and debt. Lumar Diagnostic Imaging, Inc. will operate as 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. of Bederra Corporation under the new name of Lumar Imaging Inc. 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. Statement Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under 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. Forward-looking statements are based on current expectations and the current economic environment. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. |
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