Global Medical Products (GMDP) Selects Mina Mar Group as Its Corporate Advisor And Updates
March 05 2010 - 8:05AM
PR Newswire (US)
HENDERSON, NV, March 5 /PRNewswire-FirstCall/ -- Global Medical
Products Holdings, Inc. (GMDP;
http://www.globalmedicalcorporation.com/) retained the Mina Mar
Group Inc. (http://www.minamargroup.com/) retained Mina Mar Group
(http://www.minamargroup.com/) as the lead merger representative
for the company' expansive corporate interests. Mina Mar Group will
lead the company as its head Merger Corporate Advisor and its
affiliate company Mina Mar Marketing Group
http://www.minamargroup.net/ will take over the Investor Relations
(IR) tasks. The mandate is to represent GMDP' interests in public
market, bringing the company closer to the investors' community. A
source close to the company, said, "We remind our followers that
GMDP is a company operating under the auspices of the court
appointed guardian - custodian. We have posted a number of pdf
documents on our corporate web site,
http://www.globalmedicalcorporation.com/ and our IR web site
"CLIENT SUPPORT" section. We ask our followers to review these
documents, and in particular the document named General Company
update dated March 3. This document is self explanatory. In
preparation for the merger the company recently recapitalized its
Authorized Share Structure to 2,000 Million Shares. The only
currency the company has, are its restricted shares, and cash in a
form of a loan or financing from its preferred shareholders or
accredited investors. Usual process in the merger is that a company
will need to be recapitalized to absorb the merger, and pay for the
assets being acquired. Depending on the situation, sometimes both
cash and shares are issued in the merger. Obviously, the higher the
share price of our stock the less stock the company has to issue in
the merger to the targeted merger company. This merger is being
created whereby these shares will be held in escrow upon the merger
and remain the control block for some time after the merger. The
float and the free trading shares usually remains undisturbed after
the merger. The shares these companies receive are subject to
insiders and control block and referred to as Rule 144 stock, and
are restricted shares; meaning they cannot trade; henceforth as
aforementioned the float remains undisturbed after the merger. The
company will shortly begin updating Pink Sheets with Adequate
Disclosure, Updated Financials and report all relevant merger news.
There is no reverse split, nor any toxic financing planned for the
company. The company has made available sufficient funds and
resources through its preferred shareholders and accredited
investors to become a vibrant and operational company. On that
note, on February 25 the company posted possible China merger
candidates on its web site. This is a preliminary list. Our merger
representative operates a back office for Directors and Officers of
public companies who can log in and view and begin discussions with
suitable candidates. So far GMDP is in discussions with a China
based animal medical manufacturing company servicing this growing
and expanding industry. Revenues and assets are in the 4 to 5 $
million dollar range. Immediate plans include representatives and
CEO' from the targeted merger companies will find their way to the
Mina Mar Group Shareholders' Conference on April 9, in Toronto
where GMDP will be greeting its own shareholders and guests; for
further discussions and a possible finalization of the merger
transaction shortly thereafter. Again, merger transactions are a
process and subject to change. The company reminds our shareholders
and followers to monitor PinkSheets.com Filing Section and also our
IR company web site section "CLIENT SUPPORT" TAB
http://www.minamargroup.net/ or this direct link
http://minamarmarketinggroup.helpserve.com/ for further updates on
this and other business matters. Non-newsworthy events are not
press released however posted on these two separate support sites
to keep our followers advised of day-to-day events. For any matters
relating to retail investor queries or to send us the company
directly a message please click on the "INVESTOR SUPPORT" TAB or
this direct link http://www.minamargroup.net/helpdesk. Don't be a
victim. Take Control! Fight Back! Report a stock basher! The
company is mindful that short sellers, the company competitors and
stock bashers stalk small cap Pink Sheets listed companies with
hidden agendas, where amongst other things they continuously spread
false rumors, dark propaganda and innuendos in order to manipulate
the trading patterns and thwart company plans for their own "quick
profits" and self serving needs. The company and its supporters are
monitoring these activities and those are promptly being reported
on the http://www.stockbasher.com/web site. Visit
http://www.stockbasher.com/and find out what criminal and civil
actions the US authorities are taking against web sites like
investorshub.com and other posters, and other media that provide
safe refuge to these individuals and the remedies available to you
as an individual investor. Filings for this event are currently
being reviewed and will be filed with Pink Sheets and Client
Support Section in due course. To be included in company's email
database for press releases, industry updates, and non-weekly
activity at the company that may or may not be news released,
please subscribe or opt in mailer at
http://www.minamargroup.com/updates. Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Global
Medical Products Holdings, Inc. that constitute forward-looking
statements for purposes of the Safe Harbor Provisions under the
Private Securities Litigation Reform Act of 1995. The words or
phrases "can be", "expects", "may affect", "believed", "estimate",
"project" and similar words and phrases are intended to identify
such forward-looking statements. Global Medical Products Holdings,
Inc. cautions you that any forward-looking information provided by
or on behalf of Global Medical Products Holdings, Inc. is not a
guarantee of future performance. None of the information in this
press release constitutes or is intended as an offer to sell
securities or investment advice of any kind. Global Medical
Products Holdings, Inc.'s actual results may differ materially from
those anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond Global Medical
Products Holdings, Inc.'s control. In addition to those discussed
in Global Medical Products Holdings, Inc.'s press releases, public
filings, and statements by Global Medical Products Holdings, Inc.'s
management, including, but not limited to, Global Medical Products
Holdings, Inc.'s estimate of the sufficiency of its existing
capital resources, Global Medical Products Holdings, Inc.'s ability
to raise additional capital to fund future operations, Global
Medical Products Holdings, Inc.'s ability to repay its existing
indebtedness, the uncertainties involved in estimating market
opportunities, and in identifying contracts which match Global
Medical Products Holdings, Inc.'s capability to be awarded
contracts. All such forward-looking statements are current only as
of the date on which such statements were made. Global Medical
Products Holdings, Inc. does not undertake any obligation to
publicly update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events. CONTACT: For any
investor relations matters, please contact
http://www.minamargroup.net/helpdesk; Investor Relations Department
Inquiry, http://www.minamargroup.net/ (IR); For (M&A) and
Corporate Matters, http://www.minamargroup.com/ DATASOURCE: Global
Medical Products Holdings, Inc. CONTACT: For any investor relations
matters, please contacthttp://www.minamargroup.net/helpdesk;
Investor Relations Department Inquiry,http://www.minamargroup.net/
(IR); For (M&A) and Corporate
Matters,http://www.minamargroup.com/
Copyright
Global Medical Products (CE) (USOTC:GMDP)
Historical Stock Chart
From Nov 2024 to Dec 2024
Global Medical Products (CE) (USOTC:GMDP)
Historical Stock Chart
From Dec 2023 to Dec 2024