Dakshidin Corporation Continuing to Work Towards Solution With Restec
February 01 2010 - 7:19AM
Marketwired
As a result of positive and ongoing meetings with Restec throughout
January, Dakshidin (PINKSHEETS: DKSC) is pleased to report that the
Jan 31st, 2010 deadline has been extended for an unspecified period
of time.
"Everyone is aware of the impact that the world economic
situation had on the majority of businesses last year and ours was
no exception. Dakshidin Corporation and the Restec technologies are
an excellent fit and these meetings are intended to find the most
efficient and effective method to utilize that," said J.A. van
Arem, interim acting president of Dakshidin Corporation. "We are
working towards a solution that will work for both parties."
In unrelated news, Dakshidin Corporation is also in negotiations
to secure the necessary funding to complete current audits. We will
keep the shareholders apprised of the result of these
negotiations.
Forward-Looking Statements: The information in this press
release includes certain "forward-looking" statements within the
meaning of the Safe Harbor provisions of Federal Securities Laws.
Investors are cautioned that such statements are based upon
assumptions that in the future may prove not to have been accurate
and are subject to significant risks and uncertainties, including
the future financial performance of the Company. Although the
Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance
that such expectations or any of its forward-looking statements
will prove to be correct. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of
the date of this release, and the Company undertakes no obligation
to update publicly any forward-looking statements to reflect new
information, events, or circumstances after the date of this
release except as required by law.
Dakshidin Corporation John A. van Arem 1-888-250-6601
Dakshidin (PK) (USOTC:DKSC)
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