InvestorsHub Logo
Followers 5385
Posts 51347
Boards Moderated 10
Alias Born 09/19/2006

Re: odiaz28 post# 40

Friday, 09/14/2007 10:23:53 PM

Friday, September 14, 2007 10:23:53 PM

Post# of 125
April 25 2007, this is huge info here, appears a vertical merger wnet down unnoticed!

"Today`s announcement provides RS Group of Companies with the balance sheet strength and working capital necessary for the Company to pursue its aggressive business plan. It also provides the Company with the cash needed to complete our previously announced planned acquisition of Canadian Intermediaries Limited ("CIL")," said John Hamilton, CEO of RS Group of Companies, Inc. "CIL is a consistently profitable company with a strong international reputation and excellent relationships within the London and Lloyd`s Market. This acquisition will allow RSGC a vertical integration to wholesale its products through an established and highly regarded distribution network."


This info is not to be construed as a solicitation to buy/sell securities. Hdogtx reserves the right to either BUY/SELL shares in a company's stock he mentions.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.