Graystone Park Enterprises, Inc. Acquires Realco Partners, Inc. to Back Company
With Hard Assets
Monday February 6, 4:15 pm ET
ORLANDO, FL--(MARKET WIRE)--Feb 6, 2006 -- Graystone Park Enterprises, Inc.
(Other OTC:GPKE.PK - News) announced today that it has acquired Realco Partners,
Inc., a diversified holding company. Realco Partners, Inc., along with Graystone
Park Enterprises (www.GPKE.com), will now be in a position to capitalize on its
many relationships with Real Estate Brokerages, Brokers, Agents, Mortgage
Brokers, Mortgage Lenders, Appraisers, Home Inspectors and other industry
professionals.
Realco Partners, Inc. will seek to locate undervalued real estate (commercial &
residential) with little or no cash down payments. Once acquired, these real
estate holdings will be either leased, sold, refurbished, or developed. One of
GPKE's primary goals will be to acquire real estate which will substantially
appreciate in value and from which the company can realize a substantial gain
from the sale or lease of the property.
"This is another strategic move towards our ever constant goal of increasing
shareholder value," said Shane Jones, Director of Graystone. He went on to say,
"As we (www.GPKE.com) acquire companies and now with Realco Partners, Inc., we
will look to acquire properties, this will add HARD ASSETS to our equity
positions on our company financials."
Realco Partners, Inc. is now part of GPKE's pipeline of private companies looking
to become a publicly traded company. Graystone Park Enterprises, Inc., (GPKE) has
already acquired 2 companies that are in the process of becoming publicly traded
on their own: Gray Publishing and Media, Inc. (www.ecasebriefs.com) and IC
Places, Inc., www.icPlaces.com.
About Graystone Park Enterprises, Inc.
Graystone Park Enterprises, Inc. (www.GPKE.com) was founded to assist the
small-business entrepreneur in growing his company and reducing the pitfalls that
normally stall a start-up company. Graystone plans on acquiring healthy fledgling
companies in need of assistance to dramatically increase its market share. GPKE
projects to acquire an additional 6-10 companies in 2006.
Graystone will maintain a percentage of each subsidiary company. With Graystone's
projected aggressive growth in revenues and asset ownership, it is expecting to
reach AMEX qualifications. GPKE has the knowledge and expertise to take many
growth companies to the next level. In doing so, it is able to capitalize on
various markets to maximize return on its investment. The GPKE dividend
distribution plan puts an emphasis on bolstering shareholder value.
About Realco Partners, Inc.
Realco Partners, Inc. is a diversified holding company that provides consulting
services to private and public companies. Realco Partners, Inc. is also involved
in identifying commercial and residential real estate that can be acquired with
limited cash infusions tied to favorable financing, improved upon with competent
management, and then sold, leased or held as commercially viable real estate.
Realco Partners, Inc. plans to capitalize on its many relationships with Real
Estate Brokerages, Brokers, Agents, Mortgage Brokers, Mortgage Lenders,
Appraisers, Home Inspectors and other industry professionals. The Company plans
to own commercial and residential real estate located throughout the U.S. along
with a portfolio of small cap public securities.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for
forward-looking statements made on behalf of the company. All such
forward-looking statements are, by necessity, only estimates of future results
and actual results achieved by Graystone Park Enterprises, Inc. and may differ
materially from these statements due to a number of factors. Graystone Park
Enterprises, Inc. assumes no obligations to update these forward-looking
statements to reflect actual results, changes in assumptions or changes in other
factors affecting such statements. You should independently investigate and fully
understand all risks before making any investment decisions.
Contact:
Contact:
Graystone Park
Eddie Spade
President
Email Contact
407-386-6962
