HouseHold Direct Creates Aggressive Acquisition Campaign
-- Southbridge Business Resources to Coordinate Funding and Implementation--
ATLANTA, Sept. 27 /PRNewswire/ -- HouseHold Direct.com, Inc. (OTC Bulletin Board: BYIT - news). HouseHold Direct announced today it has signed a representation agreement with Southbridge Business Resources (SBRI) of Tulsa, Oklahoma. Southbridge will provide advisory and financial coordination regarding the execution of several planned mergers and acquisitions on behalf of the Company.
This acquisition assistance combines the skills and efforts of Andrew Stack, Esq., legal counsel for special acquisition projects, and Jay Shrewder, an investment relations advisor, among other experienced team members. Their debt and equity funding program combines commitments from three equity groups that offer up to $7.5 million initially, and combined access to over $26 million in equity funds as needed to complete larger or multiple acquisitions.
Mr. Ron Brewer, President of Southbridge stated, ``We have a very successful track record in our field, and are determined to coordinate our funding access into a series of completed acquisitions for HouseHold Direct across a broad range of targeted industries. Market timing for acquisitions is perfect at this time. The business plan is solid, and makes even more sense in this economy. We expect to overcome any delay in its implementation.''
About HouseHold Direct
The mission of HouseHold Direct is to empower consumers by creating the largest private wholesale shopping network in the world. The Company is focused on becoming the dominant and only publicly traded company to represent the presently fragmented industry of independently operated private buying clubs, and implementing a national franchise program. Their superior personalized shopping environment and consumer experience creates the compelling incentive to join the network and underscores the Company slogan, ``Live much better for much less.''
About Southbridge Business Resources
SBRI is a merger and acquisition group specializing in the placement of privately held and public companies with $5,000,000 to $40,000,000 in annual sales. Since 1991, SBRI has successfully offered innovative merger, acquisition and financing services to accommodate professionally diverse business development and expansion services.
Corporate Contact: E-mail: infohhd@HouseHoldDirect.com
Web Site - householddirect.com
Investor Relations:
Rick McCaffrey
OTC Financial Network
Toll Free: 888-244-7862 (ext. 621)
or 781-444-6100 (ext. 621)
www.otcfn.com/byit
E-mail: rick@otcfn.com
Investor Relations:
Ronald Garner
Equitilink
Toll Free: 877-788-1940 (ext. 107)
www.equitilinkpr.com
Investor Relations:
Ron Brewer
Southbridge Business Resources
Phone: 918-599-9251
E-mail: sbri@ionet.net
Forward-looking statements in this release are made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE: HouseHold Direct.com, Inc.
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