Mattman Specialty Vehicles (fka MMSV)

[Mr. Zen]

new symbol
RSUR Remote Surveillance Technologies, Inc. Common Stock

http://www.investorshub.com/boards/board.asp?board_id=7976


MMSV will revert to a clean trading publicly traded entity without assets or liabilities, since MMSV has been indemnified by the J. Mattman shareholders and the senior creditor against all operating liabilities of J. Mattman, where all liabilities were incurred.

The decision to effectuate the spin-off was made by the Company since it was deemed to be in the best interest of the remaining public shareholders of the Company to seek a merger candidate for MMSV in order to restore shareholders' value. The Board of Directors of MMSV has begun discussion with a viable operating entity which could be merged into the Company in the near future. However, there can be no assurance that a definitive agreement will be reached with such potential merger candidate.

The Company will inform all shareholders, if and when, a definitive agreement is reached for the Company to acquire this candidate in a reverse merger transaction. The Company does not contemplate that such merger or any other transaction will result in a reverse stock split of the Company's remaining outstanding stock.