Guard Dog Announces Acquisition of Vanguard Defenders, LLC and Discussions with a National Talk Radio Show
RENO, Nev.--(BUSINESS WIRE)--Guard Dog, Inc. (Pink Sheets:GRDO) announced earlier today that Guard Dog, LLC has completed its purchase of Vanguard Defenders, LLC. The purchase marks Guard Dog’s fourth growth oriented acquisition to date. Due to the strength of the Guard Dog business model, the definitive agreement was in exchange for the issuance of restricted stock at the request of the purchaser.
“As part of the negotiations the issued stock was restricted to preserve shareholder value while avoiding debt. We are diligently working to expand the company in accordance with our growth initiative. These acquisitions have given us a strong foundation upon which to build and we can now focus on our marketing efforts. We have no intention of increasing the authorized share count of the company at this time, however 2009 agreements have brought the outstanding share count to approximately six hundred fifty million (650,000,000). I will be announcing a revised forecasted revenue update by Friday, May 1, 2009,” stated James Watson, President and CEO of Guard Dog.
Guard Dog management has been reviewing clearing house regulations to consolidate subsidiary websites while maintaining full disclosure of each customer transaction between the parent company and its subsidiaries. Consistent with its successful past integration strategy, Guard Dog management plans to quickly integrate Vanguard Defenders with the goal of accelerating operating efficiencies and synergistic revenue development.
Company President and CEO James Watson also announced that he is in discussions with a national business talk radio show which airs on over 400 affiliate radio stations across the country. Watson is scheduled to meet with show representatives on Friday, April 17, 2009 to discuss interview arrangements and promotional advertising spots on the show.