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EMRH Emerging Holdings Inc (PK)

0.0001
0.00 (0.00%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Emerging Holdings Inc (PK) USOTC:EMRH 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% 0.0001 0.0001 0.0001 0.00 01:00:00

Emerging Holdings, Inc. Completes Financing

20/07/2004 11:54pm

PR Newswire (US)


Emerging (PK) (USOTC:EMRH)
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Emerging Holdings, Inc. Completes Financing Working Capital Secured RESTON, Va., July 20 /PRNewswire-FirstCall/ -- Emerging Holdings, Inc. (Pink Sheets: EMRH) announced today that its financing has been completed and working capital secured. With these initial steps accomplished, Emerging Holdings, Inc. is now prepared to begin entry into its first target market, Dubai, in the United Arab Emirates. Furthermore, the company has identified specific opportunities in the Internet field in Dubai that they are currently analyzing for potential merger and takeover activity. Specifically, Emerging Holdings, Inc. is looking into Data Encryption, Secured Communications and Internet Securities companies in Dubai -- the hotbed for secured communications between the Middle East and both the West and Far East. M.A. Motazedi, chief executive officer of Emerging Holdings, Inc., stated, "The choice of Dubai as our first market entry was really quite simple. The U.A.E. is the most western friendly nation in the Middle East. Dubai U.A.E., as one of the world's three richest per capita countries, has both the wealth and foresight to provide for strong, lasting commercial and technological growth." He continued, "In addition, Dubai Internet City (D.I.C.) serves as the backbone and infrastructure for the Middle East, Central Asia and parts of Europe. Emerging Holdings, Inc. feels that its presence will accelerate this already robust growth." Emerging Holdings, Inc. (http://www.emergingholdings.com/) offers investors portfolio diversification through the identification, creation and acquisition of forward-thinking business concerns in rapidly emerging economies across the globe. Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. CONTACT: Kodora Communications, Investor Relations Diane Perry, 631-952-4600 DATASOURCE: Emerging Holdings, Inc. CONTACT: Diane Perry of Kodora Communications, Investor Relations, +1-631-952-4600, or , for Emerging Holdings, Inc.

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