SNM Global Announces Plan of Merger and Acquisition of New Operations
27 October 2010 - 3:21AM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) announced today it intends
to merge with and acquire significant new operations in the
alternative energy sector. The company is completing final terms of
the merger and acquisition and will release complete details
shortly.
The planned merger and acquisition will significantly enhance
the company's asset base and revenue projections. Alongside the
merger will be a compete change of corporate executive teams and
operational locations.
The Company will file complete disclosures and financial
statements alongside the merger and bring the company to 'current'
reporting status.
Upon completion of the merger and achieving 'current' status
with the OTC Disclosure service, the company intends to file full
registration with the SEC and list its securities on the OTCBB.
About SNM Global Holdings SNM Global Holdings (SNM Global) is a
technology holding and development company that invests in,
acquires, and develops Intellectual Property Assets and Operations
in the Clean/Alternative Energy, Biotech, Water and Better Health
& Living sectors adapted specifically for the emerging global
markets.
The Company realizes revenues from the distribution of its
technology, products, and solutions through its network of
international agents and distributors and through the licensing of
Intellectual Property through its innovative mt2 Program. The
Company provides its International MicroEquity Partner program to
our local partners in our target international markets. This
program provides initial funding to a community building and
life-enhancing organization. The Company sees profits through
equity ownership and sales and distribution of its technology and
solutions. The company operates through its subsidiaries and
various distribution partners worldwide.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 This press release may contain certain
forward-looking statements and information, as defined within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, and is subject to the
Safe Harbor created by those sections. This material contains
statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements to be materially
different from the statements made herein.
CONTACT: SNM Global Holdings 100 Pall Mall Saint James
London SW1Y 5NQ United Kingdom Tel Number: (44) 020 7096 0200
info@snmnglobal.com
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