Millenium Holding Group, Inc. Announces the Signing of the Letter of Intent to Acquire a Majority Interest in Discas, Inc.
Thursday January 23, 8:30 am ET
LAS VEGAS, NV--(INTERNET WIRE)--Jan 23, 2003 -- Millenium Holding Group, Inc. (OTC BB: MNHG) announces the signing of the Letter of Intent to acquire a majority interest in Discas, Inc. (Symbol: DSCS).
Richard Ham, CEO/President of Millenium Holding Group, Inc., stated, "This is a situation for Millenium to be actively involved in and participate in a ground floor opportunity. Also, and just as importantly, it will enable the Company to expand its corporate organizational structure so we can move forward in certain areas regarding the Company's core business in the financial industry." Mr. Ham added, "We regard this transaction as an opportunity for Millenium and its shareholders. In the near future, we will be releasing further pertinent information regarding the acquisition of this interest."
Millenium Holding Group, Inc. (OTC BB: MNHG) is a publicly traded and fully reporting financial services Company in early stage development. The passage of the Financial Modernization Act (Gramm-Leach-Bliley Act) radically overhauled the nation's banking, insurance and securities markets. The Act allows one Company to possess all three disciplines. Millenium Holding Group, Inc. intends to, and is actively pursuing the creation or acquisition of an Internet National Bank, Internet Insurance Company and Broker Dealer.
Forward Looking Statements. This Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions, and are subject to numerous known and unknown risks and uncertainties. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this Release, including the above matters and in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Contact: Richard Ham
Company: Millenium Investor Relations
Voice: 702-492-7721
Email: investor-relations@mnhgroup.com
URL: mnhgroup.com |
