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Univercell Holdings Cancels Merger Plans With Pure Romance
Feb 14, 2007 (financialwire.net via COMTEX) -- February 14, 2007 (FinancialWire) UniverCell Holdings, Inc. (OTCBB: UVCL) has ceased merger talks with Pure Romance.
Sean Y. Fulda, CEO of UniverCell, commented, "We regret that the merger talks did not culminate in a successful reverse merger as we originally contemplated. Several issues arose over the past five months including the timing and costs of the merger, which caused the merger talks to cease between the two companies."
UniverCell will continue to seek a merger candidate or attempt to raise capital to fund new subsidiaries and operating companies. The company has several businesses and industries that it is currently exploring.
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Feb 14, 2007 (financialwire.net via COMTEX) -- February 14, 2007 (FinancialWire) UniverCell Holdings, Inc. (OTCBB: UVCL) has ceased merger talks with Pure Romance.
Sean Y. Fulda, CEO of UniverCell, commented, "We regret that the merger talks did not culminate in a successful reverse merger as we originally contemplated. Several issues arose over the past five months including the timing and costs of the merger, which caused the merger talks to cease between the two companies."
UniverCell will continue to seek a merger candidate or attempt to raise capital to fund new subsidiaries and operating companies. The company has several businesses and industries that it is currently exploring.
For up-to-the-minute news, features and links click on www.FinancialWire.net
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation from any company for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on www.investrend.com/contact.asp
For a free annual report on a company mentioned in the news, please click on investrend.ar.wilink.com/?level=279
To become an investor monitor of independent research for a company in which you are invested, go to the not-for-profit Shareholders Research Alliance, Inc. website by clicking on www.shareholdersresearch.com/
The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: www.investrend.com/XmlFeeds?level=268
URL: www.financialwire.net(C) 2007 financialwire.net, Inc. All rights reserved.
