IncBuzz_black
IncBuzz_black
PRLog (Press Release) - Dec. 18, 2014 - DETROIT -- Wixom, MI-December 18, 2014 - IncBuzz, LLC., and newly formed Inc. Holdings, LLC would like to provide and update for shareholders and potential investors of TDEY concerning the proposed merger deal between IncBuzz, LLC and 3D Entertainment Holdings, Inc.
It was previously announced that a Letter of Intent was in place and that the respective parties were working toward a Definitive Agreement for the close of the transaction. While efforts were moving well and it seemed that the deal would be closed, officers of IncBuzz then began to lose contact with officers of TDEY and became uncomfortable with the lack of communication and information from TDEY. CEO of IncBuzz, Daniel Carr stated “We hope at some point, to be able to finish the transaction with TDEY but feel that it would have been unfair not to provide total transparency to the public as well as the fact that we are now actively seeking new investment partners to take advantage of the market opportunity which has been created by the IncBuzz platform.
IncBuzz is currently pursuing other sources of financing as it feels that waiting any longer without a valid flow of information from all parties will jeopardize the opportunity for the shareholders and staff of IncBuzz, LLC.
About IncBuzz, LLC.
IncBuzz,LLC, is a wholly-owned subsidiary of Inc.Holdings, LLC., developing the first All-in-1 Network platform built for doing business, offering extensive features not traditionally found in other networks and continues to develop and offer effective business tools from one location.
About Inc. Holdings, LLC.
IncHoldings, LLC is a private technology-based holding company focused on the strategic acquisition, incubation, and development of cutting edge next-generation companies. Inc.Holdings,LLC will continually help grow and expose start-ups and small businesses.
ABOUT 3DEntertainment Holdings Inc., (DBA 3D Eye Solutions Inc.)
3D Eye Solutions Inc entered their market space with revolutionary 3D Marketing initiatives and devices. The 3D technology included 3D phone Apps, Film and Video Conversions and 3D original Productions using both 3D glasses and "glassless" 3D technologies. In 2014, with a new management and an expanded view of growth possibilities, the management decided to expand its plan and include new project developments and implement an aggressive expansion and growth initiative via strategic Mergers and Acquisitions. The Company intends to target cash-flow and revenue producing companies and projects. "Year to date, our company concentrated on new technology development and research and implementation, which kept us as a "development stage company", with relatively low or no revenues. I came in to increase the shareholders’ value by adding acquisitions and projects that are currently producing revenues and have a potential for explosive growth because of the backing and association of being a publicly trading company. Although we will continue to grow and develop projects that the previous management started, I will concentrate on revenue generating projects and pushing the company to explore and take advantage of currently hot and growing markets such as Marijuana related fields and MMJ related marketing sectors and acquiring revenue generating sales and marketing organizations." - Barrett Bott, CEO of 3D Eye Solutions Inc.
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
CORPORATE CONTACT
IncBuzz, LLC
Daniel A. Carr
COO
IR@incbuzz.com
248-821-5362
