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FDBH Founders Bay Holdings (CE)

0.0003
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Founders Bay Holdings (CE) USOTC:FDBH 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% 0.0003 0.00 01:00:00

Intersecurity Holdings Corp. Completes Equity Purchase of SOB Kft.

01/03/2006 12:00pm

Business Wire


Founders Bay (CE) (USOTC:FDBH)
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Intersecurity Holdings Corporation (OTCPK: IXSV) and SOB Kft., have consummated the transaction between the two companies. Intersecurity has purchased a 25% interest in SOB Kft in a share exchange. "I am happy to inform our shareholders, that we did what we set out to do, and officially have made our company's venture into the Hungarian market" stated Mr. Simone, President of Intersecurity Holdings Corp. Mr. Simone continued to state, "The former Eastern European countries such as Hungary offer strategic business opportunities in the security sector. The upgrading of existing security infrastructure is being mandated by the EU initiative. This will lead to more money being spent on both R&D and on security projects. We are reviewing other opportunities, but it is still too early to discuss. In the mean time, will be making use of SOB Kft. network and clientele to further its business initiative." For additional information please contact Equitable Research (USA) at +1 (954) 281-8266 or visit www.ixsv.com. About SOB Kft.: SOB Kft. is a management company in Hungary which amongst its businesses supplies facility management and security services to both large and small international and local corporations with a presence in Hungary. Amongst its clientele are the large industrial complexes, such as SPI, JIT, Urban Market Project, Marche Lorinc, Litliner Kft., M5 Logisztika Kft. and Immo-Laurent Kft. Safe Harbor Statement: This press release may contain forward looking statements. The words 'estimate', 'possible' and 'seeking' and similar expressions identify forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

1 Year Founders Bay (CE) Chart

1 Year Founders Bay (CE) Chart

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1 Month Founders Bay (CE) Chart