METAPHOR HOLDINGS CORPORATION, INC (formerly AuGrid Global Holdings Corporation), a Nevada corporation. (OTC: AGHD) [the "Company"] has finalized a reverse merger agreement with GuanHuaSoft Gaming, Ltd., a Taiwan corporation based in Taichung, Taiwan, in which GuanHuaSoft will become a wholly-owned subsidiary of the Company [the "Reverse Merger"] According to Alexander Kuhne, Company's Interim President, the transaction will be finalized as promptly as possible -. scheduled for on or before November 6, 2015 - - and will be publicly announced at that time.
The Company long has been dormant, and looks forward to working with GuanHuaSoft. Founded in 2002, GuanHuaSoft has established itself as a creative and successful provider of mobile games and 3-D animation products throughout Asia. "This Reverse Merger will enable us to expand GuanHuaSoft's market presence in the United States and Canada, by providing us with greater access to capital for expansion, "Kuhne said on behalf of the two companies." We also look forward to expanding GuanHuaSoft's portfolio of productions to those released under its own, new brands. Working together, we are excited to bring value to AGHD's current and future shareholders, now and in the future. "
The Company will continue to be based in Birmingham, Michigan, while GuanHuaSoft's operations will continue in Taichung, Taiwan.
This release, like many written and oral communications presented by Metaphor Holdings Corporation (OTC: AGHD), and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933 , as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and We are including this statement for purposes of said safe harbor provisions.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of words "anticipate," "believe," "estimate," "expect," "intend, "" plan, "" project, "" seek, "" strive, "" try, "or future or conditional verbs such as" could, "" may, "" should, "" will, "" would, "or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, AGHD undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.