Published:
Prevention Insurance Ceases Merger Negotiations With BVI Holding Company
Prevention Insurance (OTC BB: PVNC) has
ceased negotiations with a major shareholder of BVI Holding Company. BVI
Holding could not provide the required financial information to Prevention
Insurance within the 6 month timeframe specified. Therefore, Prevention
Insurance has elected to pursue other merger opportunities.
Therefore, Prevention Insurance has elected to pursue other merger
opportunities.
About Prevention Insurance:
Prevention Insurance is a public insurance holding company whose focus is
to merge with national or international marketing companies that sell
insurance products through independent insurance agencies via established
nationwide wholesale brokers within the United States. Prevention is
currently in discussions with a number of these particular insurance
brokerage firms to merge into and become part of the Prevention Group.
Safe Harbor Statement:
Forward-looking statements and comments in this news release are made
pursuant to safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. All statements, other than statements regarding
potential future plans and objectives of Prevention Insurance are
forward-looking statements. Such statements are necessarily subject to
risks and uncertainties, some of which are significant in scope and nature
beyond Prevention Insurance's control. There can be no assurance that such
statements will prove to be accurate and actual results and future events
could differ materially depending on many factors, including those
described above. Prevention Insurance cautions that historical results are
not necessarily indicative of the company's future performance.
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Tags: ,FinancialServices:Insurance, ,NV,LAS VEGAS, NV
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