KCM HOLDINGS CORP. (OTC:KCMH) has entered into a purchase agreement for the acquisition of a successful 40-year longstanding sports award and memorabilia company with current annual revenues of $500,000. The acquisition is expected to be the first target of many as part of KCM�s distressed acquisition and incubation strategy. KCM immediately plans to implement in-house proprietary business development strategies that will include an e-commerce and branding program. The company will immediately compliment KCM�s other profitable in-house incubated ventures. �This company is a prime example of KCM�s commitment to deliver value for our shareholders,� says KCM Director of Strategic Development, Chad Lefevre. �KCM�s strategy is to acquire, service, incubate or take public Micro- Cap companies that are successful, but may be stagnating, or require restructuring due to financial mismanagement, to get healthy and profitable again. In this case, the company is a profitable successful company with a 40-year history that just needs a strategic boost to grow revenues. That is what our business model and supporting web strategy is designed to do.� The acquisition is projected to be complete before the end of second quarter of 2008. Visit www.thekcmgroup.com for more information on KCMH including corporate presentations and financial reports. About KCM: KCM HOLDINGS CORP. is a strategic business incubation and holdings company specializing in a broad range of business development, support, design and development ventures. Visit www.thekcmgroup.com. Disclaimer Forward Looking Statement The contents of this Press Release may be deemed to include forward-looking statements within the meaning of United States securities laws and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only predictions and should not be relied upon for investing decisions. Actual results might differ materially from those projected in the forward-looking statements for a variety of reasons, including market conditions, competition and new regulatory requirements. Forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company�s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. We cannot guarantee future results, levels of activity, performance or achievements.
KCM (CE) (USOTC:KCMH)
Historical Stock Chart
From Feb 2025 to Mar 2025 Click Here for more KCM (CE) Charts.
KCM (CE) (USOTC:KCMH)
Historical Stock Chart
From Mar 2024 to Mar 2025 Click Here for more KCM (CE) Charts.