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WDSC Spdr Wrld Small

100.96
-0.28 (-0.28%)
12 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Spdr Wrld Small LSE:WDSC London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.28 -0.28% 100.96 100.93 101.06 101.78 100.805 101.34 8,192 16:35:18

WorldSource Inc. Actively Pursuing Acquisitions

12/12/2006 1:30pm

PR Newswire (US)


Spdr Wrld Small (LSE:WDSC)
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Company Signs Letter of Intent With Contract Manufacturer PALM DESERT, Calif., Dec. 12 /PRNewswire-FirstCall/ -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that it has signed a Letter of Intent to acquire a contract manufacturing company, and its intent to actively pursue acquisition targets. In conjunction with WorldSource's Investment Banking Agreement with KMA Capital Partners, Inc. (Pink Sheets: KMCP), KMA Capital has developed an acquisition strategy for WorldSource and is assisting in all facets. "The target of this acquisition is a well established company that we have been in discussions with for some time. It is a company with positive cash flow, well connected globally, and with the right fit to serve as a core fit to take WorldSource to the next level," stated Brian Jue, CEO of WorldSource. "With our due diligence process complete, and KMA Capital's resources at hand, we look to fast track this acquisition and get it done before year's end." WorldSource is a developer and distributor of products for the consumer marketplace. It has established an experienced management team with considerable expertise in the development, manufacturing, marketing and distribution of consumer products. Management is actively seeking opportunities to develop product lines and distribute products. For more information, please visit http://www.worldsource.us/ . KMA Capital Partners, Inc. is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services, and commercial ventures focusing on mid-cap private and public companies. Utilizing its Capital Protection Program, KMA Capital has created a win-win environment for companies and investors. KMA Capital has nine field offices throughout the United States, with consideration for expansion including the Northeast, West, and Southwest areas of the US. For more information, please visit http://www.kmacapital.com/ . Contact: WorldSource (877) 777-WDSC WorldSource Investor Relations InvestSource (949) 200-7669 KMA Capital Partners, Inc. Jack Craig, Investor Relations 407-370-4300 Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. DATASOURCE: WorldSource, Inc. CONTACT: WorldSource, +1-877-777-WDSC, , or WorldSource Investor Relations, InvestSource, +1-949-200-7669, ; or Jack Craig, Investor Relations of KMA Capital Partners, Inc., +1-407-370-4300, Web site: http://www.kmacapital.com/ Web site: http://www.worldsource.us/

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