Spin-off & new acquisition!!!
(COMTEX) B: Saguaro: Saguaro Holdings completes acquisition of American B: Saguaro: Saguaro Holdings completes acquisition of American Bachelors Club
Miami, FL, Jun 25, 2002 (M2 PRESSWIRE via COMTEX) -- Saguaro Holdings Corporation (OTC Pink Sheets: SGUO) announced today that it has completed the acquisition of 25% of American Bachelors Club, Inc.
"Ultimately our goal is to spin this company out and provide our shareholders with a dividend of the 25% equity that we have acquired, with a timeline being by end of the summer, 2002, to begin the filing process" said Mark W. Lancaster, President of Saguaro Holdings Corporation.
The American Bachelors Club americanbachelorsclub.com) business model is to aid single members in the romance and affairs of the heart, and to become the spokesman, and Source of choice for goods, brands personal development and services for the over 20 million single men of marriageable age through out the entire U.S.A. and provide profits for our shareholders.
Our main priority is to help each member become more desirable, to every single women they know now or will meet. A.B.C. has developed programs and plans to help members find and win "the girl of their dreams for a life time marriage.." or provide introductions/vacation fun to other members who are perfectly happy being single, but are eager to meet many more attractive single females. A.B.C.will helps both groups equally. The introduction/vacations we plan will provide vacation opportunities to meet Russian women who will be club guests during luxurious vacations in Saint Martin N.I. Member vacation packages include airfare from Chicago`s O`Hare, Newark N J. and Ft. Lauderdale Fla. to Saint Martin, with luxurious accommodations in the five star Maho Beach Hotel and Casino. With one-on-one social gatherings between member hosts and their lovely guests from Russia.
The hope is that each of the members would find a long lasting relationship with a congenial mate or a happy marriage to the woman of his dreams. Since many gamblers are single men, A.B.C. will also be offering exceptionally priced vacation packages for gamblers who wish to concentrate on gaming rather than Romance...
Other major cash flow for A.B.C. will come from membership sales which they anticipate at over 50,000 members per year with annual revenues of $2.5 million dollars. Plus revenue from sales of TARGETED MERCHANDISES and SERVICES NEEDED and BOUGHT EXCLUSIVELY ON THE A.B.C. INTERNET SITE BY A.B.C. MEMBERS.
About Saguaro Holdings Corporation.
A Florida based holding company utilizing the synergies of its board and associates to build greater shareholder value, its primary subsidiary, Saguaro Oil and Gas Recovery, Inc. is engaged in the business of enhanced oil and gas recovery, soil and water remediation, and equipment brokerage. Saguaro uses its licenses to stimulate unproductive oil and gas wells, then greatly increase their production at economical prices. The Company also uses this technology for soil and water remediation. Their patented system can be custom tailored to meet the needs of many types of decontamination and environmental clean-up projects. Another Saguaro operating subsidiary, AllCopiers Corp., also specializes in the marketing and distribution of new and refurbished office automation equipment including digital copiers, laser printers, fax machines, accessories and supplies. Saguaro Communications, Inc. will be a provider of service both voice and data in several fields.
To visit Saguaro Holdings Corporation go to saguarocorp.com.
For more information on American Bachelors Club, visit their website at americanbachelorsclub.com. |