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Re: Fisher post# 43432

Thursday, 05/12/2005 3:18:52 PM

Thursday, May 12, 2005 3:18:52 PM

Post# of 286880
Current News Release
5/11/05

Waatle Holdings Corp announces execution of public shell acquisition.

KENNESAW, GA, MAY 11, 2005 14:56 / PR Newswire / Waatle Holdings Corp. ("WHSC") a diversified holdings corporation organized in Arizona on June 14, 2004 announces that the company has entered into an acquisition contract of an OTC traded public shell through its originating Trust, Songwi Trust with Conversion Solutions.



“For the past few months we have considered several possible candidates for a reverse merger or acquisition. After completing due diligence on the potential reverse merger candidate, a Utah registered company based in California, we have decided that it will be more beneficial to our partners, subsidiaries and shareholders to acquire the recently listed trading shell from New Jersey. Upon completion of audited financials within the next few weeks we will also actively seek listing on the OTC NASDAQ Bulletin Board.” stated Chief Executive Officer Rufus Harris.



About Waatle Holdings



Waatle is a diversified holdings corp. which was formed to originate, fund and source funding for asset-based transactions in the private market. Waatle’s main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. Waatle Holdings is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.waatle.com or e-mail us at Contactus@songwi.us .





Subsidiaries



Calleo Gourmet Coffee, Reese International Airfield, Live Mortgage Free, Federal Chamber of Commerce, CyberLott, Inc., Amruss Group, LLC and Forex West, InfinityOne, Inc., Point, Click and Dream (LotteryFever.com) and JOWEI Holdings Inc.



Contact:

Rufus Harris

Chief Executive Officer

Waatle Holdings Corp.

770-420-8270

or

Ben Stanley

Chief Operating Officer, Investor Relations

Waatle Holdings Corp

317-213-7700

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