Tensas Rescind Acquisition of Acklund Resources, Ltd.LEWES, Del. -- Tensas, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :TSAS TSAS Tactile Situational Awareness System TSAS Timber Supply Analysis System TSAS Tactical Switching Afloat System TSAS The Small Animal Surgeon Ltd (Papakura, New Zealand) .PK) announces that it has rescinded the partial acquisition of Arrow Acklund Resources (PNG (Portable Network Graphics) A bitmapped graphics file format endorsed by the World Wide Web Consortium. It is expected to eventually replace the GIF format, because there are lingering legal problems with GIFs. ), Ltd. Tensas Board of Directors rescinded the transaction upon notification of a delay of capitalization by Arrow Acklund Resources (PNG), Ltd. About the Corporation Tensas, Inc., is a holding company with two (2) subsidiaries, OSF See Open Group. OSF - Open Software Foundation Financial Services, Inc. and OSF Healthcare Services, Inc. Both subsidiaries are located in Houston, Texas. OSF Financial Services, Inc. offers a range of financial products including but not limited to capital funding, commercial and residential lending, real estate investment, real estate property management, etc. OSF Healthcare Services, Inc. is a new division currently in the process of qualifying for bidding on Center of Medicare Services (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ) contracts. Tensas, Inc. is currently seeking other business opportunities and acquisitions to enhance the revenue structure and thereby increase value for the shareholders. Safe Harbor Statement This news release contains forward-looking statements, which include involved risks, uncertainties and assumptions. All statements not of historical fact are statements that could be deemed as forward-looking statements within the meaning of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The sale of certain products and services may not develop as expected; the development of these products and services may not proceed as planned. The company's stock may also be affected by other risks as described from time to time. For additional information contact Tensas, Inc. at lbroussard@osfinc.net. |
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