KCM Holdings Corp. Announces Progress Updates & Corporate Restructuring to a "Consolidated Real-Time" Investor Communications St
November 12 2010 - 5:00AM
Marketwired
KCM Holdings Corp. (PINKSHEETS: KCMH) announced today progress on
venture incubations and restructuring. The company also addressed
speculation of status based on a period of silence of investor
communications.
The first major announcement is Ed Kang, former COO, has
replaced Donald Klein as CEO of KCMH.
All business has continued on as normal however according to
Kang, "We needed to simplify. Our commitment is to build upon the
debt-free business model that Donald Klein as former CEO created.
We're still debt free, making money with solid management, building
momentum and in 2011, ready to bring our next public companies into
the spotlight with a strong foundation that was absolutely critical
to first foster in this delicate economy."
Concerning the period of silence around speculation by the
investment community and Donald Klein's transition, Ed Kang
responded, "Part of our restructuring is to create a consolidated
real-time investor communications strategy. We wanted to be sure
all pieces were in place before releasing any news. The foundation
that Donald Klein built for KCMH is expected to yield returns for
investors many years to come. He is still a very big part of the
KCMH legacy except now he will be able to focus on his business
passions as a shareholder except outside of any official
capacity."
KCMH has released a new design of its website with status
updates and address from the CEO. Visit www.thekcmgroup.com
KCMH on Twitter: Twitter.com/KCMHoldings.
About KCMH: KCMH is a strategic business development holdings
company. www.thekcmgroup.com.
Disclaimer Forward Looking Statement The contents of this Press
Release may include forward-looking statements within the meaning
of United States securities laws and 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 projected in the
forward-looking statements for variety of reasons, including market
conditions, competition and new regulatory requirements. Forward
looking statements involve known and unknown risks, uncertainties
and factors that may cause the Company's actual results, activity
levels, performance or achievements to be materially different from
future results, activity levels, performance or achievements
expressed or implied by the forward-looking statements. We cannot
guarantee future results, levels of activity, performance or
achievements.
Contact: KCM HOLDINGS CORP., Frisco Ed Kang CEO
EdkangKCMH@gmail.com
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