Kolorfusion International, Inc. Files for Chapter 11 Reorganization
03 August 2010 - 6:16AM
Marketwired
On July 27, 2010, Kolorfusion International, Inc. (PINKSHEETS:
KOLR) ("the Company") filed for voluntary Chapter 11 bankruptcy
reorganization in the District of Colorado. The Company intends to,
with Court approval, continue to conduct its business as usual
without interruption. The Company expects that it will continue to
operate its business as a "debtor-in-possession" under the
jurisdiction of the United States Bankruptcy Court for the District
of Colorado and in accordance with the applicable provisions of the
Bankruptcy Code. The Company's bankruptcy attorney is Bonnie Bell
Bond, Esquire, Law Office of Bonnie Bell Bond, LLC, Greenwood
Village, Colorado.
About Kolorfusion International, Inc.
The Company owns, develops and markets a system for transferring
color patterns to metal, wood, glass and plastic products.
"Kolorfusion" is a process that allows the transfer of colors and
patterns into coated metal, wood and glass and directly into
plastic surfaces of virtually any shape or size. The creation of a
pattern to be a part of a product's surface is designed to enhance
consumer appeal, create demand for mature products, achieve product
differentiation and customization and as a promotional vehicle.
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended. The
Company's actual results could differ materially from those set
forth in the forward-looking statements, as a result of the risks
associated with the Company's business, changes in general economic
conditions and changes in the assumptions used in making such
forward-looking statements.
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