This is good news however we will need specifics of the share swap to know just how equitable it will be.
Empyrean Holdings, Inc. Confirms Acquisition of Tradewinds International Corp. Completed Late Yesterday
HOUSTON
Empyrean Holdings Inc., Houston
Robert L. Lee, 713-260-7236
www.epyh.com
Empyrean Holdings Inc. (OTCBB:EPYH) is pleased to confirm that the agreements for the acquisition of Tradewinds International Corp. through a stock swap were signed after market closing yesterday, April 11, 2005. Tradewinds is now a wholly-owned subsidiary and management has started formulating the new Business Plan for moving the corporation forward.
President and CEO Robert Lee added, "Tradewinds is in the process of activating its plan to function as an active subsidiary of the corporation that will continue to pursue investment opportunities in the real estate sector. The possibilities for venturing into real property construction are also being reviewed."
He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson
