UNVF: Enters LOI to Acquire United First Int'l Ltd. [delayed] ( EventX/Knobia.com )
Ridgeland, MS, MAR 21, 2005 (EventX/Knobias.com via COMTEX) -- Universal Flirts
Corporation (OTCBB : UNVF) reported that it has entered into a LETTER of INTENT
to acquire one hundred percent (100%) of the ownership interest of United First
International Limited for the issuance of shares of the Company's common stock
to the United First International Limited shares. Consummation of the
transaction is subject to the satisfaction of certain conditions including the
execution of definitive agreements and the completion of due diligence. No
assurance can be given that this acquisition will be consummated. Pursuant to
the terms of the LETTER of INTENT the Company has authorized a 4-1 forward split
of its common stock with a record date of March 28, 2005 and a payable date of
March 31, 2005.
8-K
