Empyrean Holdings Inc. Reports On $50 Million Commercial/Retail Properties Project in Wisconsin.HOUSTON -- Empyrean Holdings Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EPYH), a national real estate holding firm, is pleased to report excellent progress with the $50 million commercial real estate development project in Kewaskum, Wisconsin Kewaskum is a village located mostly within Washington County, Wisconsin. The population was 3,274 at the 2000 census. The village is located mostly within the Town of Kewaskum. On May 21, 2003, the village annexed a portion of land in the Town of Auburn in Fond du Lac County. under construction by its partner United Construction Group. Empyrean plans to invest $5 million in this project where presently the construction of four units of duplexes is nearing completion. 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. , Robert L. Lee, stated, "The Kewaskum area is the most rapidly expanding community in Wisconsin and is one of the most significant development areas in the state. The $50 million project consists of mixed retail, commercial and residential construction in the area and we once again thank United Construction Group for this tremendous investment opportunity." Note: "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 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: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and is subject to change at any time, the company's actual results may differ materially from expected results. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion