Heathrow Nat. Food and Bev Inc. (fka HRNF)

[Arthur]

Heathrow Natural Food & Beverage, Inc. Announces Restructuring, Spin Off and Planned Merger With Aurum Guaranty With Over $50,000,000 in Assets

http://www.prnewswire.com/news-releases/heathrow-natural-food--beverage-inc-announces-restructuring-spin-off-and-planned-merger-with-aurum-guaranty-with-over-50000000-in-assets-130105998.html

LAKE MARY, Fla., Sept. 19, 2011 /PRNewswire/ -- Heathrow Natural Food & Beverage, Inc. (OTCPK: HRNF) is pleased to announce that its board of directors has approved a spin-off of all current food and beverage related operations into Heathrow Enterprises, LLC, a private entity. In conjunction with the spin-off transaction, the company will concurrently acquire the assets and operations of Aurum Guaranty, a financial services firm.

All HRNF shareholders of record at close of business 30 September 2011 will receive a pro rata distribution of 10% of the newly formed Heathrow Enterprises, LLC. All shareholders will retain their ownership in HRNF and also own equity shares in Heathrow Enterprises, LLC. The equity shares will be entitled to an annual dividend based on the profits of the LLC.

Aurum Guaranty has agreed to assume a portion of the Company's debt as part of the spin-off transaction. "Management believes the corporate restructure, debt elimination, spin-off, and dividend plan provides stockholders the strongest path for equity appreciation," said Michael Pagnano, CEO of Heathrow Natural Food & Beverage, Inc.

Also, HRNF will retain its current Common share structure. The issuance of new Common shares is not required as part of the Company's operational restructure and the Company will not affect a reverse split.

The Company will change its name to "Aurum Guaranty" and will soon release its various Web sites, operational disclosures, and update the Company's filings with OTC Markets to "Current Information" status.

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Ought to be illegal to announce bogus acquisitions, too.