TrustCash Signs Definitive Agreement to Acquire 25% of Alligato, Inc.
ATLANTA, GA--(Marketwire - 04/19/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today announces it has signed a Definitive Agreement for the acquisition of 25% of Alligato Inc.
This acquisition of an equity stake in Alligato strengthens the partnership between the two companies, potentially allowing additional avenues towards growth to be implemented.
The acquisition is structured as an exchange of restricted common stock.
TrustCash Management comments: "The Company looks forward to the closing of this acquisition, which is expected shortly."
Alligato markets its service under the www.CellLongDistance.com brand.