CAUL - bad news...
Carsunlimited.Com, Inc. Announces Termination of Letter of Intent to Acquire Sea Change Group, LLC, a Privately Held New York Limited Liability Company
2005-05-05 16:01 ET - News Release
NEW YORK, May 5, 2005 (PRIMEZONE) -- Carsunlimited.Com, Inc. (Cars) (OTCBB:CAUL) today announced that it has terminated its letter of intent to acquire Sea Change Group, LLC (Sea Change), a privately held New York State limited liability company.
Dan Myers, Cars' CEO, said that the parties jointly determined it was not in their best interest to proceed as outlined in the Letter of Intent (January 18, 2005).
CONTACT:
Strategic Corporate Initiatives Ltd.
David A. Loewenstein
516-676-3366
Strategiccorp@aol.com
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