Published: September 12, 2008
Luxshmi Investments Issues Corporate Update
Luxshmi Investments, Inc. (PINKSHEETS: LUXI) is
pleased to update its shareholders and the investment community regarding
recent developments in its business planning.
Luxshmi remains an investment company seeking revenues from different
sectors of the marketplace, and as such we are focused on the long-term
success of our high-tech division. We believe it is essential to be at the
technological forefront of the mobile-based industry. By doing this, we
will be in a position to capture a significant market share.
"I have been involved in the high-tech sector for over fifteen years and I
recognize that this industry is now on the verge of explosive growth,"
stated Mr. Robyn Lee, director of Luxshmi Investments. "Conservatively
speaking, this sector is forecasted to generate annual revenues of over
twelve billion by 2010."
While Luxshmi is already negotiating with companies in all sectors of the
mobile-based industry, it will continue to be on the lookout for future
strategic acquisitions.
About Luxshmi Investments, Inc.
Luxshmi Investments, Inc. is a publicly traded Nevada-incorporated company
in the development stage operating under the stock ticker symbol LUXI. The
company's main focus is to create growth through the acquisition and
development of businesses that are involved specifically with social
networking and mobile-based sites.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Except for historical information, the forward-looking matters
discussed in this news release are subject to certain risks and
uncertainties which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the Company's
liquidity and the ability to obtain financing, the timing of regulatory
approvals, uncertainties related to corporate partners or third-parties,
product liability, the dependence on third parties for manufacturing and
marketing, patent risk, copyright risk, competition, and the early stage of
products being marketed or under development, as well as other risks
indicated from time to time in the Company's filings with the Securities
and Exchange Commission. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events.
Copyright © 2012, MarketWire
Copyright © 2012, NewsBlaze,
Daily News