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crazy horse 0 · 2008-04-28T16:22:02.8300000Z

(MONA) is pleased to issue this message April 28, 2008 - 6:00 AM EDT Monarc Corporation (MONA.Pk) and (Xe:GZWM) CEO Message TORONTO, April 28 /PRNewswire-FirstCall/ - Mike McCalla CEO of Monarc Corporation (MONA) is pleased to issue this message to all of our loyal shareholders and stakeholders of Mona. I can safely say that this is an exciting time for us at MONA. In order to share this excitement with our followers and new shareholders I wish to briefly touch upon the past and fast forward to the present and the future vision for MONA. The company is pleased to announce that it has successfully completed the sale of those assets to GLCC.Pk and issued dividends accordingly. Regarding the dividends current values, and in view that this is restricted stock our dividend recipients may find comfort that our IR firm Mina Mar Group, and the previous management of IFGX negotiated a non dilution provision for this special dividend. This alone should give our dividend recipients peace of mind, and should in effect preserve our shareholders' values in the future against erosions. MONA's direction remains in the financial industry. Our combination of IFGX division headed by Steen Elgaard, and myself in the Brookcor mortgage investment division and Cash Next, loan coordination division takes the high-performance organization that we have created at MONA to a new level. With IFGX, Brookcor and Cash Next, we become even stronger, even better, in our people, our products, and our business. We become a company that can do even more for the client and the customers we serve, and thus for our shareholders. With Brookcor and Cash Next we will issue separate and joint press releases of pending and completed transactions on a business as usual basis. With IFGX we will continue to acquire what we feel are growth opportunities and continue to spin these off as special non diluting dividends. We have already started the wheels in motion in locating a buyer for a spin off for our 'other operating subsidiaries' meaning Canden Financial Inc, Horescon and Syscon Products. We ask the reader to carefully review our 'About MONA' section which explains our NEW business model and our future intentions with all 'other operating subsidiaries' we may acquire in the future. It would not be a stretch to suggest that at MONA we may complete anywhere from 3 to 8 of these types of transactions in a 12 to 18 month stretch. Increasing our shareholders' values to us, means that this should not be measured by MONA share price alone, rather them collectively to all the companies we will spin off and pay out as dividends to our shareholders on the ongoing basis. It is common knowledge, which should go without saying the business activities of our IFGX division will, and has brought upon us, and the targeted acquisition companies an organized group of cheer leaders and critics. The cheer leaders quickly turn to being critics once the transaction is completed, with dark propaganda against anyone associated with anyone at any level. It appears that no one is immune. It has also come to our attention that in most cases these so called critics are either competitors and or non bona fide shareholders who simply refuse to identify themselves to the company, for reasons that are apparent on their face. In closing our long time shareholders are able to see through this, however the new and unsuspecting shareholders appear to be their key targets. So without glorifying these critics self serving activities, they have in fact created a boom for IFGX with several pending transactions in the works and the 3 to 8 dividend spin off transactions forecast may very well be within reach. It is my sincere wish not to see this message lost in the many up and coming news releases but to act as a reference point anytime the doubt planters re-emerge in full force. On a corporate level we have begun with our journey to becoming a solicited company with compilation of 15c211 and the benefits thereof which should naturally flow through to all of our shareholders. This combination of new filings, IFGX, Brookcor and Cash Next brings together unusually complementary strengths - in our combined portfolios of finances and services, and also in our rich pipeline of business innovations for the future. All this begins with our people. Our combined teams of talented people are converging around a special vision of Earning Trust, Every Day. For us at MONA that means working to truly get in tune with our stakeholders. Then, we strive to execute with passion and excellence. We remain dedicated, committed and we continue to listen and learn. Mike Mc Calla CEO Monarc Corporation www.monacorporation.com About Monarc Corporation: Monarc (MONA) is a financial services holding company and a public company quoted on the pink sheets, symbol MONA. MONA operating subsidiaries Cash Next and Brookcor's primary goal is to provide consumer and business loans to businesses that qualify based on the company's unique formula. MONA has developed a proprietary online software, 'Trust Vault' which allows lenders and borrowers to communicate in real time and to transfer documents in electronic format in a filing storage type environment. MONA also operates a B2B business financing division named IFGX. Through IFGX, MONA acquires growth based businesses (ie 'other operating subsidiaries') and spins them off to other publicly traded shells in search of operating entities; which proceeds MONA distributes to its shareholders in a form of a special dividend. MONA's other operating subsidiaries are Canden Financial Inc, Horescon and Syscon Systems beverage control systems. These are inventory control systems and financing solutions for the hospitality industry. Safe Harbour Statement Information in this press release may contain 'forward-looking statements'. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of MonArc Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in MonArc Corporation's periodic reports filed with the regulatory authorities. SOURCE MonArc Corporation (MONA) Source: PR Newswire (April 28, 2008 - 6:00 AM EDT) News by QuoteMedia www.quotemedia.com