NEWS OUT! Continues Rapid Infrastructure Buildout For Expansion
[CMIH]
Al Bundy [66.20.203.46]
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CMI Holdings Group Continues Rapid Infrastructure Buildout For Expansion
CEO Ross Rojek will be the guest speaker at Value-Stock.com
Sacramento, March 28, 2001-- Business Wire -- CMI Holdings Group Inc. (Pinksheets: CMIH - news), continues its rapid infrastructure buildout, as the company continues to position itself for several exciting developments just ahead. CMI Holdings will invest in or acquire any company or product in any industry that promises to provide an exceptional opportunity for growth in shareholder value. The company will provide management expertise in several disciplines (marketing, financial, mergers and acquisitions and venture capital), creating an environment for synergistic growth. In this pursuit, CMI Holdings is becoming very aggressive, as recent developments reveal:
* CMI Holdings Group has reached agreement to secure a private equity line of up to $2 Million in financing, to be used for upcoming acquisitions and to further corporate development.
* CMI Holdings Group has retained the Lebrecht Group as their SEC law firm. The Lebrecht Group will be assisting the company in obtaining fully reporting status with the SEC through either a Form10SB filing, or a merger with a fully reporting company, which will allow CMI Holdings to assume and maintain an OTC reporting status.
* CMI Holdings Group announced that Sarah Rosenberg has joined the company as it's National
Sales Manager, expanding sales into the school, library markets, bookstore sales, as well as creating new sales channels into technology and electronics outlets. Sarah joined the company from Prima Publishing, and has been in the industry for over 12 years. She held the position of Sales Manager, for Emerging Markets at Prima Publishing in Roseville, California, and before that served as Trade Sales Manager at Publishers Group West, the country's largest book distributor.
* CMI Holdings Group adds Dave Olbrich to the Company’s Board of Directors. Mr. Olbrich brings almost 20 years of publishing and management experience from the comic, game and entertainment industry. Mr. Olbrich developed and evaluated new intellectual properties for publishing, licensing and media development including "The Men In Black". He was also responsible for starting up, directing and managing Malibu Publishing, which was sold to Marvel Entertainment for $15 million dollars.
Live Chat Thursday
CEO Ross Rojek will be the guest speaker in a live Chat/Conference that has been set for Thursday, March 29th at 4:30PM EST at www.value-stock.com To gain entry to the chat simply go to their website and click on the Conference room Icon. Please submit any questions you may have to valuestockcom2001@yahoo.com to be assured your questions are answered.
For further information on CMI Holdings Group Inc. please contact Big Apple Consulting USA at 1-800-546-7950 or visit their web site www.AskBigApple.com.
The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of CMI Holdings Group, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.
