ETLC news eTelCharge.com to File SEC Form 14A and Issue Proxy Relating to the Company's Planned Merger With American Home Market Corporation
via COMTEX
August 22, 2006
DESOTO, TX, Aug 22, 2006 (MARKET WIRE via COMTEX News Network) --
eTelcharge.com, Inc. (the "Company"), (OTCBB: ETLC), www.etelcharge.com, a financial diversified merchant services company, today announced that the Company will file SEC Form 14A - Preliminary Proxy Statement Relating to Merger or Acquisition (Securities and Exchange Act - Proxy Materials and Information Statements Filed Pursuant to Section 14 Submission Types by EDGAR) by September 6, 2006 for its planned merger with The American Home Market Corporation.
The record date for shareholders is September 12, 2006 and a Meeting of Shareholders will be held on October 12, 2006 at the corporate office at 8 a.m. cst. The effective date of this transaction, pending shareholder approval and SEC acceptance of the Form 14A will be October 12, 2006. Shareholders of record should expect to receive a Proxy Statement with Voting Card by September 12, 2006.
"We are most enthusiastic at the prospects that remain ahead with our planned merger with The American Home Market Corporation," stated Carl Sherman, CEO of eTelCharge.com.
"This merger, pending shareholder and SEC approval, will improve eTelCharge on all fronts including making the company immediately profitable, providing the Company with a seasoned operation's team, and allow for effective and efficient growth. This coupled with our recent agreement with a major billing aggregator should allow us to focus our efforts on marketing our traditional and alternative payment systems nationally and bring the infrastructure necessary to meet our full potential," Sherman concluded.
