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Wednesday, 01/31/2007 3:32:33 PM

Wednesday, January 31, 2007 3:32:33 PM

Post# of 23107
To be a Basher:

Finance

CybeRelease: Worldwide Security Acquisitions, LLC. (WSA) Announces Funding of Proguard Acquisitions (PGRD) Purchase - WSA Releases Funds to Proguard Acquisitions to Complete Buyout of Controlling Interest

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2007-01-31 20:05:17 -


(CybeRelease, January 31, 2007) - Lake Harmony, PA - Worldwide Security Acquisitions, LLC of Orlando, Florida today confirmed the 8-K issued by Proguard Acquisitions (OTC BB: PGRD) that WSA ordered the release of escrow funds to PGRD in the amount of $300,000 previously deposited for the buyout. Additionally, WSA submitted $1,700,000 additional funds to meet the total $2,000,000 required under
the option.

PGRD and WSA now will move forward to have the consolidated audits and
necessary change of control documents submitted to the appropriate agencies.

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