VHS Network Inc. - Announced Today, It has Entered Into a Formal Agreement To Acquire Branson Holdings, Inc.
MISSISSAUGA, Ontario--(BUSINESS WIRE)--May 12, 2001--VHS Network Inc.(OTCBB:VHSN) announced it has entered into an agreement to acquire 100% of the shares of Branson Holdings Inc., a Florida Corporation, involved in Real Estate, Natural Resources, and Technology.
"This acquisition will add greatly to the value of the Company," commented Mr. Cathcart, CEO of VHS Network Inc. "While some of the points in the agreement are still under discussion, we are confident that the terms will be satisfactory to the Board."
Further comments may be found on the VHSN web site at WWW.VHSN.NET or Email at Elwinc@VHSN.NET.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933, and section 21E of the Securities Exchange Act of 1934. And is subject to the Safe Harbour rules created by those sections, and the provisions contained in the Private Securities Litigation Reform Act of 1995 and any ammendments thereto.
CONTACT: VHS NETWORK INC.
Elwin Cathcart, CEO - 905 238 9398 ext. 304
Elwinc@ vhsn.net URL: www.vhsn.net
CONTACT: VHS Network Inc.
Elwin Cathcart, 905/238-9398 x 304
Elwinc@ vhsn.net
URL: www.vhsn.net |
