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Sunday, 11/10/2013 5:28:13 AM

Sunday, November 10, 2013 5:28:13 AM

Post# of 1739
Look here:

http://www.theclubschoice.com/

"Press release

October 17, 2013


To Shareholders, Club’s Choice Holding Company is a start-up that has developed Web and mobile based sports related social platform and apps for fans. As a young company working very hard to empower sports fans through new technologies and social networking our small and dedicated team saw an opportunity to raise money for Club’s Choice development through OTC markets. To do so all the managing team, board and initial investors decided to acquire a public vehicle. We met with the managers of a company called Millenia Hope Inc. (fka MLHI).

MLHI was owned by a group that has absolutely NO links with Club’s Choice. We begun our investigation and due diligence work a few months ago. We found out that Millenia Hope Inc. was at default status for the State and for the SEC.

While conducting the due diligence work SEC announced on August 14, 2013 the temporary suspension. While Club’s Choice was conducting legal consultations in order to rectify the situation with Millenia Hope, Inc., SEC halted MLHI stock trading on OTC markets.

Kept by surprise we were facing this crisis while launching our beta platform www.fansfrenzy.com. The Club’s Choice management acknowledged and actively monitored the concerns of all legitimate stakeholders while taking their interests appropriately into account in decision making and operations.

Club’s Choice decided to continue to work on the launch of its new platform www.fansfrenzy.com and an associated app that will be soon available.

The company was facing a choice either to start anew with a brand new company on the OTC markets or to restart and to rectify MLHI and put it in good standing with the State of Delaware, SEC and OTC markets.

Club’s Choice respects deeply concerns and interests of its investors and those who took the risk to become MLHI shareholders. So the company decided to work cooperatively with our lawyers, public and private institutions (Delaware, SEC and OTC) in order to insure that the risks and harms of the previous MLHI activities are minimized and that a merger with Club’s Choice will be perceived as fair, acceptable and relevant to all of MLHI’s shareholders.

Even if Club’s Choice was not responsible for the situation created by the previous Millenia Hope, Inc. managers, the company is committed as ever to the interests of all its stakeholders including MLHI shareholders who perceived the merger as completed while in fact the company was still conducting its due diligence.

Club’s Choice management decided to address the situation by putting huge efforts and resources in order to put MLHI in good standing.

The actions taken until now are:
- Name change at the State of Delaware from MLHI to Clubs Choice Holdings Inc. and in GOOD standing,
- Our lawyers are working to bring back the company in good standing with SEC and OTC

As the situation evolves from a legal and administrative point of view, Club’s Choice will openly communicate and make appropriate reporting to MLHI shareholders.


For the board of directors,
Peter Kanellopoulos,
Financial Director."

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