Replies to post #767330 on MOMO'S BREAKOUT BOARD

[wickerman]

VUQO $1.03/shr tender offer 11/6

Mackay Group Offers to Buy VuQo Premium Vodka Brand

November 06, 2011 -- NEW YORK, NY -- (Marketwire) -- 11/06/11 -- The Mackay Group of Companies has just announced that it has tendered an initial offer to purchase VuQo Premium Vodka at a price of $40 Million. VuQo Premium Vodka is a brand of VuQo Holdings Corporation (PINKSHEETS: VUQO) with offices in New York and Manila.


"Rich Cabael (Founder and C.E.O. of VuQo) and his team have done an outstanding job at positioning VuQo in an industry cluttered with so many 'me too' products," said Shane Mulcahy, President of The Mackay Group. "VuQo being the only vodka distilled from coconut, we believe we can grow VuQo to the levels of brands such as Grey Goose and Ketel One with our vast experience and extensive network in entertainment, hotels and resorts throughout the world."


Discussions with Cabael are ongoing.

Founded by James Mackay and based in Hong Kong, The Mackay Group owns companies in several industries including food and beverage, entertainment, property, biotechnology and renewable energy.

http://www.itbusinessnet.com/article/Mackay-Group-Offers-to-Buy-VuQo-Premium-Vodka-Brand--1751653