Growth Company CALI Holdings, Inc. Announces it has Signed an Engagement Agreement With John W. Loofbourrow Associates, Inc.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), announced today that John W. Loofbourrow Associates, Inc. ("Loofbourrow") has been retained by CALI Holdings, Inc. ("CALI" or the "Buyer"), to serve as CALI's exclusive financial advisor and placement agent in connection with CALI's previously announced acquisition of a southwest regional general contractor engaged in site utility construction. John W. Loofbourrow Associates, Inc. is a Private Investment Banking Firm, Member HASD HASD Hazleton Area School District (Hazleton, Pennsylvania) HASD Huntingdon Area School District (Harborcreek, Pennsylvania) HASD Hempfield Area School District (Greensburg, Pennsylvania) , SPIC, MSRB MSRB See Municipal Securities Rulemaking Board (MSRB). located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY. Loofbourrow has placed more than $2 billion in both taxable and tax-exempt bond financing since its inception in 1980. Please visit http://www.loofinc.com James Jenkins, 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. of CALI stated: "We're very excited that Loofbourrow Associates has accepted the engagement to help place the financing for the proposed transaction. The principals of CALI have previous relations with Loofbourrow in a successful raise of $51.5M in a securitization transaction." 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. http://www.caliholdings.com Safe Harbor 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 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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