Replies to post #7 on Kore Holdings, Inc. (fka KORHQ)

[Golden Cross]

KORH: Kore Rebounds From Death
Tuesday August 1, 8:40 am ET


SILVER SPRING, MD--(MARKET WIRE)--Aug 1, 2006 -- Kore Holdings Inc. (Other OTC:KORH.PK - News) A statement from the longtime CFO and New CEO of KORE Holdings, Robert F. Rood: "It's been more than four months since our founder and my longtime friend, Denis Costa Tseklenis, suddenly passed away. During that time much has happened while little to no news has been released. Although these times have been exceedingly difficult, our shareholders must be kept informed. After Mr. Tesklenis' untimely death, I began to inventory all aspects of KORE that were Mr. Tseklenis' responsibility. I am pleased to report that all aspects of KORE are well suited for the environment of today's market. More important is how Kore is poised for the months and years ahead. Our Energy Assets include the Coal and Wind Energy markets. These are two of the strongest energy related industries in this country today. Certainly with the world's current oil and energy related issues, these markets have an incredible future and with our current assets, we have a wealth of opportunity. In addition, our Mortgage Division is extremely strong and has begun originating loans in Niche Product Markets that are more profitable with fewer competitors. Our Mortgage Division's year to date numbers will be released soon We believe Kore's assets standing alone command a much stronger evaluation than our stock price reflects today. As soon as our Financial Statements are updated, and we make all required quarterly reports to the Securities and Exchange Commission ("SEC"), we will immediately make application to the National Association of Securities Dealers ("NASD") to be quoted on the NASD-OTC Electronic Bulletin Board. We currently see no impediment to the granting of our application by NASD. All of our 2006 required reports to the SEC will be posted on our soon to be revamped company web site (www.KoreHoldings.com) in the upcoming weeks. Kore's Officers and Directors are committed to return to our corporate policy of a steady flow of information to our current and potential shareholders. We have a greatly under valued company with a future matched by few, and the public will be advised of all new developments as they occur.