Bevex Inc. Seeking Merger Business.SALT LAKE CITY -- The new president of Bevex Inc. (Pink Sheets: BVEX), Zane The name Zane is pronounced IPA: /zeɪn/ "zayn". Zane is a word that has its roots in both Arabic and Hebrew meaning "God is Gracious". It is a common name for both males and females in Arabic speaking countries. Holmberg, announced today the company has completed a current audit and 15c2-11 after several years of company inactivity inactivity Sedentary activity Internal medicine An absence of physical activity and/or exercise, a predictor of obesity. See Couch potato. Physical activity, Vigorous exercise . The new management has spent several months bringing the company back into good standing and is now reviewing candidates for a reverse merger. Holmberg is targeting NASDAQ-qualified companies for such a merger. He stated he is very optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" merger will be arranged that is part of the effort to restore value to the shares. Bevex was incorporated in 1982 and continues to be headquartered in Salt Lake City. Its beverage distribution operations were discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: in 1998. The company is currently in developmental stage as it seeks a merger business, not limited to former operations. Bevex is traded on the Pink Sheets under the symbol BVEX. Holmberg and his team bring more than 40 years of experience with Fortune 500 company executive management, startups and mergers. This press release includes "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. " within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the company with the Securities and Exchange Commission. The company cannot guarantee its future results, levels of activity, performance or achievements. |
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