Inter-Americas, Inc. Completes Its Due Diligence and is Moving Forward on the NSOL/FFI Acquisition
2008年5月21日 - 9:30PM
PRニュース・ワイアー (英語)
WOODSTOCK, Ill., May 21 /PRNewswire-FirstCall/ -- Inter-Americas,
Inc. (IA) has completed its due diligence based on all of the
available information presented on the potential NSOL acquisition.
IA and the senior management of NSOL, and its wholly owned
subsidiary FFI (OTC:NSOL.OB) (BULLETIN BOARD: NSOL.OB) , have been
engaged in final negotiations for this acquisition. IA has been
concerned about the recent market conditions and share price of
NSOL shares, but in spite of these factors are moving forward
because of the over-whelming support by local government, as well
as the multiple opportunities that exist in the State of Kentucky
that FFI has begun to capitalize on regarding the coal to liquid
fuels proposed facilities. IA acknowledges the current management
team of NSOL/FFI and commends them for their efforts in developing
the State of Kentucky CTL business opportunities with very limited
resources available to date. Based on this information, IA will
follow through with its upcoming trip overseas to discuss and
implement plans for this acquisition with its overseas investors
and lenders. Upon returning from these meetings, IA will proceed
accordingly on this acquisition. Disclaimer This press release
contains forward-looking statements that involve risks and
uncertainties concerning Inter-Americas' acquisition of Nuclear
Solutions, Inc. Actual events or results may differ materially from
those described in this press release due to a number of risks and
uncertainties. The potential risks and uncertainties include, IA's
overseas investors and lenders still reviewing their participation
in this transaction, among others, the ability of the parties to
complete the proposed transaction; the successfully integration of
operations and employees; and general economic conditions.
DATASOURCE: Inter-Americas, Inc. CONTACT: Larry Romano, President,
COO of Inter-Americas, Inc., +1-630-893-9400
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