-The Company is going to acquire InterMedia Development Corporation, a media production company and defense contractor based in Fairfax, Virginia. The Company is reviewing (or done ) audited financial statements from InterMedia as required to proceed with a merger.
Intermedia Development Corp is building a new website
will probably be announced with the merger finalizing
- All debt issued to finance the startup of company’s U.S. Navy “Lido” project in Indonesia has been converted to stock as of today’s
-The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion
- The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.
~~IDVC chart is very bullish here~~
NEWS is pending NOW with the Defense Contractor Co
second Acquisition is about to be announced $$ >> from May 29 PR "
The Company continues to evaluate the potential acquisition of InterMedia Development Corporation, a media production company and defense contractor based in Fairfax, Virginia. The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger."
they have acquired Cleanfield Energy, Inc. the first acquisition mentioned and now they are about to announce the InterMedia Development Corporation Acquisition $$$$
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