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08/19/11 1:54 AM

#1637 RE: nickhor #1627

NISC got 3 million dollars funding from Global Stock Investments Ltd. of London

NISC secures $3 Million Funding Facility With Global Stock Investments Ltd. of London, and Announces Intention of Amex Listing
The funding agreement is designed to allow NIS Holdings a significant source of capital for its Alpha Dynamic "Earn IQ" project, as well as investment and strategic acquisitions.
Director Vasiliki Anagnostou said, "This funding agreement with Global Stock Investments will form the cornerstone of NIS Holdings capital projects and accretive EBIDTA positive acquisitions over the next year. It enables a clear path to the realization of our Cash Back loyalty Card Project - 'Earn IQ' as well as many of our other projects that management is working on. We will also be seeking acquisitions of companies which can add value geographically and strategically."

President Chris Kiltsikis stated, "We are also pleased to announce that we fully intend of listing on the Amex stock exchange. As this high profit margin business prospers we want to maximize shareholder value by moving into a bigger exchange."


http://www.otcmarkets.com/stock/NISC/news