ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

EMBR Embarr Downs Inc (PK)

0.0013
0.0008 (160.00%)
Last Updated: 14:52:36
Delayed by 15 minutes
Share Name Share Symbol Market Type
Embarr Downs Inc (PK) USOTC:EMBR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0008 160.00% 0.0013 0.001 0.0013 0.0013 0.001 0.001 9,000 14:52:36

Embarr Downs Announces That It Closes on Acquisition and Sale of Company For its Client

03/09/2014 2:00pm

Business Wire


Embarr Downs (PK) (USOTC:EMBR)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Embarr Downs (PK) Charts.

Embarr Downs, Inc. - (OTCQB: EMBR) announced that its subsidiary W+B Partners has closed on the acquisition and sale of Quantech Electronics Corp (QTHE). W+B Partners had been retained by Signal Bay to obtain a shell for a reverse merger. W+B Partners acquired and sold Quantech Electronics to Signal Bay. Signal Bay provides market research reports to its clients in various fields.

W+B Partners was compensated $100,000 plus a 4.9% position in the Company. W+B Partners received $50,000 cash and a note payable for the remaining $50,000. The 4.9% stake is through a Preferred Stock issuance that may not be converted into Common Stock for 12 months. W+B Partners acquired an additional 4.5% to bring the Company’s total ownership to 9.4%.

Additional Acquisitions: W+B Partners has begun negotiations with majority shareholders of 10 different companies to acquire their majority interest in the public companies. These companies will be used as operating subsidiaries of Embarr Downs or for clients of W+B Partners.

About Embarr Downs. The Company is a holding company that operates through its subsidiaries, Embarr Downs of California, SouthCorp Capital, W+B Partners and Tren TV.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contacts:Embarr Downs, Inc.Joseph Wade(949) 461-1471info@embarrdowns.comwww.embarrdowns.com

Embarr Downs, Inc.Joseph Wade, 949-461-1471info@embarrdowns.comwww.embarrdowns.com

1 Year Embarr Downs (PK) Chart

1 Year Embarr Downs (PK) Chart

1 Month Embarr Downs (PK) Chart

1 Month Embarr Downs (PK) Chart

Your Recent History

Delayed Upgrade Clock