Published:
Interact Holdings Group, Inc. Enters Negotiations for First Acquisition
ATLANTA, Aug. 21 /PRNewswire-FirstCall/ -- Interact Holdings Group, Inc.
(Pink Sheets: IHGR) today announced that it has entered negotiations for its
first acquisition under new management.
Interact Holdings Group, Inc. has entered negotiations with multiple
companies in the telecom and "green" technology sectors. The companies
provide Cable Television, Telephone, Security Monitoring, High-Speed Internet,
and "green" residential products and services.
The proposed acquisitions would add approximately $9 million in revenues
to Interact Holdings Group, Inc.
"Interact Holdings Group, Inc. is committed to a solid growth strategy
that benefits the Company as well as shareholders. We believe with strategic
acquisitions and continued growth, the Company will solidify its place in the
market as well as a steady rise of the Company's market capitalization. The
Company will provide updates with regards to the possible acquisitions as they
are available," said Mr. Yates, President of Interact Holdings Group, Inc.
Safe Harbor Statement: This release contains forward-looking statements
with respect to the results of operations and business of Interact Holdings
Group, Inc., which involves risks and uncertainties. The Company's actual
future results could materially differ from those discussed. The Company
intends that such statements about the Company's future expectations,
including future revenues and earnings, and all other forward-looking
statements be subject to the "Safe Harbors" provision of the Private
Securities Litigation Reform Act of 1995.
SOURCE Interact Holdings Group, Inc.
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