The Golden Lounge

[EdF]

VRMD news the other day...just wondering how they are going to get the stock price up to get listed on AMEX.

Vision Real Estate Management and Development Updates Shareholders on the Acquisition of OM Companies
Wednesday February 11, 3:00 pm ET


ALBANY, N.Y.--(BUSINESS WIRE)--Feb. 11, 2004--Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News), is updating all shareholders and potential investors on the status of the proposed acquisition of OM Companies, which was announced on January 22, 2004.
Vision Real Estate Management and Development is pleased to report that the due diligence process with OM Companies is ahead of schedule and the company believes that the closing of the acquisition of OM Companies will close sooner that anticipated.

"We are very excited that the due diligence process is going faster than expected and the completion of the acquisition of OM Companies might happen sooner than we anticipated." stated Daniel J. Duffy, Vice President of VRMD. "As previously announced Vision Real Estate Management and Development plans to apply for a listing on the American Stock Exchange promptly as possible on completion of the acquisition of OM Companies."

"We are about to add $7,500,000 of net assets to Vision Real Estate Management and Development," stated Donovan Rhoden, President and CEO of Vision Real Estate Management and Development. "With four proven franchises; Two Super 8 Motels and Two Golden Corral Restaurants, this is just the beginning for our shareholders. Upon the completion of these acquisitions our shareholders can expect OM Companies to achieve the following; A listing on the American Stock Exchange, the additions of four or more new franchised operations in 2004 and six or more franchised operations in 2005 and OM Companies, Inc revenues increasing to $30,000,000 by the end of 2005."