Macada Holding, Inc. Announces Ron Ritter Has Been Elected CEO
15 April 2010 - 12:50AM
Marketwired
Macada Holding, Inc. (PINKSHEETS: MCDA) announced Ron Ritter has
been voted CEO and will begin operating Macada as the holding
company placing the Gun and Range as a subsidiary under Macada. The
merger purchasing share will be issued next week. This will bring
the issue to the disclosed amount posted in the disclosure
statement; we have also completed negotiation with a biotech
professor in Germany and have now completed the new company plan
and operation soon to be announced. A new statement on the
disclosure statement will be posted today in section XVI. This
merger adds annual sales of approx. 1.4 million. Madaca has
completed the asset sales of Lyfetec assets for 50 million shares
with Strata Capital Corp. We will be updating all shareholders with
our update for the shares to be dividend to all shareholders of
record; these shares have been issued and are being held at the new
Macada office for distribution. Details soon to be announced.
Further acquisitions and changes will be announced in the upcoming
weeks.
Safe Harbor Provision
This news release includes forward-looking statements, including
with respect to the future level of business for the parties. These
statements are necessarily subject to risk and uncertainty. Actual
results could differ materially from those projected in these
forward-looking statements as a result of certain risk factors that
could cause results to differ materially from estimated results.
Management cautions that all statements as to future results of
operations are necessarily subject to risks, uncertainties and
events that may be beyond the control of Macada Holding, Inc. and
no assurance can be given that such results will be achieved.
Potential risks and uncertainties include, but are not limited to,
the ability to procure, properly price, retain and successfully
complete projects, the availability of technical personnel, changes
in technology and competition.
Contact: Ron Ritter 954-782-2056
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