Blue Ribbon International - Goldstar International Merger.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 8, 2004 Blue Ribbon International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). "BLRB BLRB Black Liquor Recovery Boiler (paper-manufacturing industry) ") President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Donald A. Langreich has issued the following statement: "All aspects of the merger of Blue Ribbon International, Inc. and Goldstar International, Inc. are proceeding extremely well and according to plan based on the financial synergy Blue Ribbon Publishing's literary rights to hundreds of magazines, periodicals and books, with a valuation of $ 180 Million, and Goldstar's Resource Recovery International, Ltd. (RRI RRI Radio Romania International RRI Raman Research Institute RRI Resource Renewal Institute RRI Robarts Research Institute RRI Research Reactor Institute RRI Renal Research Institute (USA) RRI Rights and Resources Initiative ) subsidiary's $ 205 Million worth of signed contracts to construct four (4) waste-to-energy plants and three (3) hydropower hy·dro·pow·er n. Hydroelectric power. facilities in China's Yunnan Province. Particularly significant progress has been made in three areas: 1) the initiation of Blue Ribbon's publishing efforts for NYCNew York City Magazine(TM), USasia Magazine(TM) and SALE Magazine(TM), which are scheduled to reach their intended markets within the next 3 to 6 months; 2) acquisition and start of Blue Ribbon's Vacations4Gold full range vacation, travel, resort, real estate, time share marketing and development company; and, 3) the securing of funding to start project development and construction efforts for the first of three 1000 tons per day waste-to-energy Integrated Environmental Resource Center facilities in the city of Kunming, Yunnan, China. In addition, substantial progress has been made by RRI in finalizing an additional $ 600 Million worth of waste-to-energy, hydropower and sewage and water treatment development and construction projects in the U.S., Europe, Central and South America, Africa and Asia. Blue Ribbon-Goldstar International's business focus remains the four high value, high payoff market sectors that serve the interests of the common person: Environment, Energy, Education and Entertainment." Note: Forward looking statements in this release are made pursuant 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. " provisions of 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. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition for the company and other risks. |
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