WHAM INC. Announces Binding Agreement for the Takeover of Jeffrey Epstein's Billions in Order To Pay the Towers Investor Vict...
04 February 2016 - 1:32AM
Access Wire
LOCKPORT, IL / ACCESSWIRE / February 3, 2016 /
WHAM INC. (OTC: WFMC) is excited to announce that it is
bringing the greatest value to the stock, since its inception. It
has signed a binding agreement with the New York Post Publishing,
Inc., (NYPP) and former Ponzi King and CEO Steven Hoffenberg for
the sale of certain stock and/or assets owned by NYPP to WHAM INC.
This agreement was signed by both parties earlier this evening. The
agreement sets forth a brief description of the terms and
conditions of the definitive agreement of the purchase; the parties
shall engage in the following transactions:
(A) WHAM INC. shall purchase and acquire one hundred (100%)
percent of stock and/or all interests owned by NYPP in the
following: Tower Investors.com Inc., Post Publishing.BUZZ Trade
Mark Operations, Public Speaking WallStreet.com, Christ Credit and
Debit Cards Operations and the Trademarks Christ Donations.com and
Christ Faith Card.com and the "Mastercard" work will be provided by
a classified source who will bring in the Christ Credit Cards to
the market and the developing online operations, Hoff Online TV
Operations and Trademarks in consideration for the issuance to NYPP
fifty five (55%) percent of the issued and outstanding shares of
common and preferred stock of WHAM INC., the controlling stock,
which is presently publicly traded on the OTC Market,
(http://towersinvestors.com/).
(B) it is contemplated that approximately one billion
(1,000,000,000) dollars in outstanding debt securities owned by
investors in Towers Financial Corporation, ("TFC") shall be
converted into a preferred class of stock of WHAM INC. and, subject
to each investor's consent and the exchange offered to be approved
by the Securities and Exchange Commission.
(C) it is contemplated that the Financial Trust Company, a trust
formed under the laws of St. Thomas (the "Trust), and Jeffrey
Epstein, based upon TFC's investment with Epstein and the Trust
shall provide a minimum of one billion (1,000,000,000) dollars in
assets to WHAM INC. for collection.
(D) NYPP shall receive the first five million ($5,000,000)
dollars of the monies received from the Trust and/or Epstein. All
funds received from the Trust and/or Epstein in excess of five
million ($5,000,000) dollars shall be shared equally between NYPP
and WHAM INC.
To view the complete agreement, go to:
https://www.accesswire.com/uploads/WHAM%20Inc%20LOI%202-3-16.pdf
WHAM'S Board of Directors thanks Steven Hoffenberg for his great
stewardship and divine conviction, which is helping WHAM INC.
establish itself as a diversified holdings company. Acquisitions of
businesses are executed through M&A activity, stock exchanges,
and asset acquisitions. "The mission of WHAM INC. is to acquire
'christian' development and early stage companies. With
the signing of today's agreement, which was Spirit led, a
monumental milestone was achieved in the vision of the company,"
said Theodore Fotsis Chairman/CEO.
Any questions regarding Epstein's billions please contact Super
Lawyer Gary Baise in Washington D.C. at (202) 789-1212.
About WHAM INC.
WHAM INC. is a diversified holdings company established for the
purpose of investing in or acquiring development and early stage
companies. Acquisitions of businesses are executed through M&A
activity, stock exchanges and asset acquisitions. WHAM Inc. has the
direct capability as a corporate structured finance originator, to
organize and submit financial investments ranging from small to
substantial in nature.
Forward-Looking Statement
This press release may include forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements are based on the company's current expectations as to
future events; however, the forward-looking events and
circumstances discussed in this press release might not occur and
actual results could differ materially from those anticipated or
implied in the forward-looking statements. Since forward-looking
statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties.
Contacts
investorrelations@whamcorp.us
Phone: (312) 780-0238
Theodore Fotsis
Chairman/CEO
General Inquiries
info@whamcorp.us
SOURCE: WHAM INC.
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