This is what's up with EQUR
Equus Resources, Inc. Issues Company Update
Monday March 9, 8:45 am ET
PONTE VEDRA BEACH, FL--(MARKET WIRE)--Mar 9, 2009 -- Equus Resources, Inc. (Other OTC:EQUR.PK - News) corporate secretary, Marty Zell, is offering the following statement to outline an update on the company and the investment community at large regarding the current state of the company:
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"We are pleased to announce two new members of the Board of Directors. They are Bert Watson, Jr. (previously a director and interim president of the company), and Dean Bradley. Dean Bradley was elected to serve as president of the company and a board member.
"Mr. Bradley has served as CEO or President of multiple companies in both the public and private sectors. He has founded over a dozen companies and launched startups. He is the CEO of an aerospace/aviation corporation that has signed a letter of intent to merge his holding company into Equus Resources, Inc.
"The board will be updating our issuer information statement and entering into a definitive agreement to merge with Mr. Bradley's current company.
"The goal of the company is and has been to clean up the corporation on which to base future efforts to find a merger partner that will assist us in re-establishing value to our investments. After reviewing many plans we believe this merger to be an excellent opportunity for our shareholders.
"We will keep you informed as to the progress as it develops."
Contact:
Contact:
Marty Zell
904-514-3106
equusresources@comcast.net
or
Dean Bradley
904-612-8485
deanbrad@bellsouth.net
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AI
