CJPG, Inc. and Q2 Financial Holdings Terminate Merger Agreement
February 15 2007 - 10:15AM
PR Newswire (US)
PARAMUS, N.J., Feb. 15 /PRNewswire-FirstCall/ -- CJPG, Inc. (Pink
Sheets: CSJP) today announced the termination of their merger
agreement with Q2 Financial Holdings, Inc. The completion of the
merger was contingent on things such as the successful completion
of financing by Q2 and other items. The merger agreement had been
extended to February 15th but as of today, the conditions have not
been met for completion of the merger so the agreement is expected
to terminate at the close of business today. CJPG, Inc. will resume
exploration of all business opportunities available to it
including, but not limited to, acquisitions of existing companies
or operating assets or the development of new business operations.
Forward Looking Statements Some of the statements made in this
release are forward-looking statements. These forward-looking
statements are based upon the company's current expectations and
projections about future events and generally relate to the
company's plans, objectives and expectations for the company.
Although the company believes that the plans and objectives
expressed in these forward- looking statements are reasonable, the
outcome of such plans, objectives and expectations involve risks
and uncertainties and our actual future results may be materially
different from the plans, objectives and expectations expressed in
these forward-looking statements. Specific factors that might cause
actual results to differ from current expectations include, but are
not limited to: * The company's ability to identify attractive
potential business opportunities * The company's ability to finance
itself and any business opportunity or opportunities * If relevant,
the company's ability to negotiate and conclude an acquisition
transaction or series of transaction with potential parties For the
foregoing reasons, readers and investors are cautioned that there
also can be no assurance that the outcomes expressed in the
forward-looking statements included in this release will prove to
be accurate. In light of the significant uncertainties inherent in
such forward-looking statements, the inclusion of such information
should not be regarded as a representation or warranty by the
company or any other person that the company's objectives and plans
will be achieved in any specified time frame, if at all. The
company does not undertake any obligation to update any
forward-looking statements or to announce revisions to any
forward-looking statements. DATASOURCE: CJPG, Inc. CONTACT: Alan R.
Woinski of CJPG, Inc., +1-201-599-8484
Copyright