Indie Ranch Media Commences Discussions With Potential Suitor
April 29 2009 - 5:00AM
Marketwired
Indie Ranch Media, Inc. (the "Company") (PINKSHEETS: INDR) today
announces that the Company commenced discussions with a stakeholder
of a venture company regarding a variety of transactions including
the possibility of a takeover, selling a minority interest and/or
selling the rights to the assets of the NetMix subsidiary. The
venture company has requested their name remain confidential while
in discussions with the Company.
The Company is excited that the NetMix technology and business
model is attracting potential partners at this stage. Shareholder
value and the continued development of NetMix will be of foremost
concern as we believe our current share price does not reflect the
opportunity NetMix presents.
The Company will continue to update the public as our
negotiations progress.
INDIE RANCH MEDIA, INC.
Indie Ranch Media is an incubator dedicated to developing,
supporting and launching Internet-based media ventures and
technologies. The Company's focus is on combining strategy, ideas,
and execution with the culture of entrepreneurial spirit to develop
new media products faster, cheaper, and better. The Company is
supporting the development of NetMix Broadcasting Network Inc.
(www.netmix.fm) and Omni Entertainment Group
Inc.(www.omniegi.com)
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
A number of statements contained in this press release are
forward-looking statements. These forward-looking statements
involve a number of risks and uncertainties, including the
sufficiency of existing capital resources, technological changes
and uncertainties related to the development of Indie Ranch Media,
Inc.'s business model. The actual results Indie Ranch Media, Inc.
may achieve could differ materially from any forward-looking
statements due to such risks and uncertainties.
For further information please contact: Shareholder
Communications Sharon DiMagio Telephone: 888-280-8978
www.indranch.com
Indie Ranch Media (CE) (USOTC:INDR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Indie Ranch Media (CE) (USOTC:INDR)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about Indie Ranch Media Inc (CE) (OTCMarkets): 0 recent articles
More Indie Ranch Media, Inc. News Articles