CONT: From Market Wired
Gridline Communications Holdings, Inc. July 20, 2011 9:45 AM
Is it possible that this supposed Voobon deal was nothing more than a Voodoo ruse, i.e., just a scam to begin with, purposely designed to make Gridline look better than it actually was in the eyes of potential investors?
FRISCO, TX--(Marketwire - 07/20/11) - In reference to that certain Funding News Release dated September 10, 2008, which was later withdrawn, Gridline Communications Holdings, Inc. hereby advises that this funding with Voobon Ventures Inc. was not completed.In the event, the initial release is retrieved through Internet archive files, or otherwise produced, presented or referenced, the information contained in that release should not be relied upon.
About Gridline Communications Holdings, Inc.Gridline Communications Holdings, Inc. is a U.S. based corporation focused on dual function (Smart Grid and Consumer broadband) network deployment using proven Broadband over Power Line (BPL) and other appropriate communications technologies, coupled with proprietary Intellectual Properties, to provide high speed Broadband connectivity and a variety of market driven applications. Additional information may be found by visiting its website at www.gridlinecommunications.com.
Forward-Looking Statements:The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Contact:
Terry Dillon
President, CEO
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