Universal Media Holdings, Inc. Signs Letter of Intent With E-Trans Logistics
NEW YORK, Feb. 3 /PRNewswire/ -- Don Polombo, Co-Chairman of Universal Media Holdings, Inc., (OTC Bulletin Board: UVTF) announced today that the Company and E-Trans Logistics have entered into a signed Letter of Intent in which Universal will acquire all the issued and outstanding shares of E-Trans.
The exact amount of the shares of Universal that will be used for the purchase will be determined after further review, completion of due diligence, and negotiations between both parties.
E-Trans Logistics is a transportation logistics company. Through one of its subsidiaries it is developing technology solutions to assist in the final leg of E-commerce.
For further information contact Mr. Michael S. Krome, Esq., 631-863-9898.
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the various Regulatory Authorities having jurisdiction. Smarter PR has been retained to provide public relations services for the above company and as such has received compensation from the company. This compensation may be in the form of cash or securities and/or stock purchase options. Smarter PR and its officers, directors and employees may from time to time have a position in and purchase and sell the securities mentioned. For further information, contact a company representative.
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SOURCE: Universal Media Holdings, Inc
CONTACT: Michael S. Krome, Esq., Counsel for Universal Media Holdings, Inc., 631-863-9898 |
