CALI Holdings, Inc. Retains Firm for Registration of Gulf Coast Records.ORLANDO, Fla. -- CALI Cali (kä`lē), city (1993 pop. 1,641,498), capital of Valle del Cauca dept., W Colombia, on the Cali River. It is an industrial and commercial center of the upper Cauca valley. Holdings, Inc. ("Company" or "CALI") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CALI), announces that it will file a selling stockholder registration statement for its to-be-formed portfolio company, Gulf Coast Records, Inc., and its to-be-wholly-owned subsidiary Gulf Coast Records LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The featured artist of Gulf Coast is country music artist Glenn Cummings. www.gccountry.com The Chief Legal Officer of CALI Holdings, Inc., Charles Giannetto stated, "The purpose of the offering is to make Gulf Coast a separate SEC reporting company and thereafter to secure a qualification for quotation of its securities on the Over the Counter Bulletin Board, which we hope will help to develop Glenn's career, sign other country artists and expand the management of Gulf Coast. The nature of the offering will be common stock owned by the selling stockholders. Gulf Coast will not receive any proceeds of the offering." The information contained herein does not constitute a distribution, an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy any securities. About CALI Holdings Inc. CALI Holdings Inc., is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries. www.caliholdings.com 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. The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor 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. 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. inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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