Benacquista Galleries Suspends Sale of YNOT Eduk8
SAN DIEGO, Sept. 1 /PRNewswire-FirstCall/ -- Benacquista Galleries, Inc. (OTC Bulletin Board: BAQG) announced today suspending the sale of its subsidiary YNOT Eduk8.
'After further thought and due diligence, we have decided that the sale of YNOT Eduk8 at this time isn't in the best interest of our shareholders. Although Physiognomy Interface is a great startup company, not being a fully reporting company would make the distribution to shareholders a non-advantageous event. As always, my intention with Benacquista is to make each acquisition, distribution or new development enhance shareholder value,' stated Benacquista President Jim Price.
Price continued with, 'Benacquista will continue to assist YNOT Education and Physiognomy Interface to develop new products and will continue to manage and process sales transactions through the YNOT Eduk8 sales portal.'
About Benacquista Galleries, Inc.
Benacquista Galleries, Inc. seeks acquisitions and invests in early stage companies with a focus in the Art, Education and Publishing Industries. Benacquista was founded in 2002 and went public in 2005. The Benacquista Gallery of Companies consists of Benacquista Fine Art, Benacquista Publishing, and YNOT Eduk8. For further information on Benacquista visit www.benacquistagalleries.com.
