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CORR CorEnergy Infrastructure Trust Inc NEW (PK)

0.0198
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CorEnergy Infrastructure Trust Inc NEW (PK) USOTC:CORR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0198 0.0165 0.03 0.00 01:00:00

Name Change to Corridor Communications Corp.

31/03/2004 8:22pm

PR Newswire (US)


CorEnergy Infrastructure (PK) (USOTC:CORR)
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From Jul 2019 to Jul 2024

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Name Change to Corridor Communications Corp. Amnis Systems, Inc. Has Completed Its Name Change to Corridor Communications Corp. (OTC Bulletin Board: CORR) MOUNTAIN VIEW, Calif., March 31 /PRNewswire-FirstCall/ -- Amnis Systems Inc. (BULLETIN BOARD: AMNM) (the "Company"), has completed its name change to Corridor Communications Corp. and has been designated a new symbol for the Over the Counter Bulletin Board. The symbol is CORR. The Company intends to complete its pending strategic acquisition of all of the assets of Corridor Communications ("Corridor-Oregon") a private Salem, Oregon based corporation. Corridor-Oregon is a Wireless Internet Service Provider providing high-speed ubiquitous connectivity to single family homes, businesses and hotspots. Corridor-Oregon's main goal is to un-tether Internet users from their wired connection and provide an "any where every where" 802.11 connection using both 2.4 GHz and 5.7 GHz wireless options. The terms of the acquisition will be disclosed once a formal agreement is reached between the companies. "We believe the WiFi business model as deployed by Corridor-Oregon is the opportunity our company needs to build revenue and solid growth for our shareholders. By acquiring Corridor-Oregon, we believe we will be able to deploy our unique service to selected cities," said Scott Mac Caughern, Chairman of the Company. The Company has also recently entered into a letter of intent to acquire the assets of Ashcreek Wireless, whichwill extend the areas that the Company will be serving after it has acquired the assets of Corridor-Oregon. The terms of the acquisition will be disclosed once a formal agreement is reached between the companies. At this time we cannot provide any guarantee that we will be able to complete the transaction, as the transaction is subject to due diligence and the negotiation and finalizing of a definitive agreement. "Corridor-Oregon has been building out the Salem area in what we call our Hot Zones orCorridors. Today our services can be deployed to nearly 50,000 homes and we are back filling into un-served areas daily. If the Company is able to finalize its acquisition of Corridor-Oregon and Ashcreek, not only will the Company be getting subscribers and revenue but also some of the best tower locations in the community that will extend the Company's coverage area by nearly 20,000 homes," said J. Michael Heil, President of Corridor-Oregon. About Amnis Systems/Corridor Communications Amnis Systems Inc., which acquired Optivision, Inc. in 2001, until it recently ceased operations, had been engaged in the networked streaming video market. The Company is currently attempting to finalize a definite agreement with potential acquisition candidates or, in the alternative, locate and negotiate with business entities for the merger of those target businesses into the Company. The Company may seek a business opportunity with entities which have recently commenced operations, or wish to utilize the public marketplace in order to raise additional capital in order to expand into new products or markets, to develop a new product or service, or for other corporate purposes. No assurances can be given that the Company will be able to enter into a business combination, as to the terms of a business combination, or as to the nature of the target business. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. Our forward-looking statements are based on currently available information which management has assessed but which is dynamic and subject to rapid and even abrupt change due to risks and uncertainties that affect our business, including the unpredictability of future revenues and limited visibility into future demand on which to base our forecasts; the current uncertainty in our marketplace which may impact expected demand, customer selection criteria and sales cycle; our ability to execute on product deliverables and major customer contracts, slower economic growth generally, slower adoption of broadband technology, or cutbacks in information technology spending; and factors beyond our control such as power outages or work stoppages at key customers. Contact Information: Scott Mac Caughern Corridor Communications, Corp. 650-961-5707 DATASOURCE: Corridor Communications, Corp. CONTACT: Scott Mac Caughern of Corridor Communications, Corp., +1-650-961-5707, or Web site: http://www.amnisinc.com/

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