Thursday, September 09, 2010 11:37:45 PM
BEVERLY HILLS, Calif.--(Business Wire)--
MediaTechnics Corporation (Pink Sheets: MEDT) hereby announces, pursuant to the
terms of a Stock Purchase Agreement executed April 19, 2010, that it has
cancelled its acquisition of Forward Energy, LLC of Billings, Montana
("Forward").
More information on the cancellation of the agreement shall be forthcoming in
the near-term.
Notes about forward-looking statements.
Except for any historical information contained herein, the matters discussed in
this press release contain forward-looking statements that involve risks and
uncertainties.
Certain Statements contained in this release that are not historical facts
constitute forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be covered by the
safe harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks, uncertainties and
other factors, which may cause actual results, performance or achievements to
differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as "estimates,"
"anticipates," "projects," "plans," "expects," "intends," "believes," "may,"
"should" and similar expressions and by the context in which they are used. Such
statements are based upon current expectations of the company and speak only as
of the date made. The Company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after the date
when they are made.
MediaTechnics Corporation
Ari Bass, 800-768-0335 (Investor Relations)
investors@medtcorp.com
Ari said near term, I guess investors have to play on his terms.
He has no credibility whatsoever. IMO
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