SOUTHFIELD, Mich., July 3, 2014 /PRNewswire/ -- Halberd
Corporation (OTC Market: HALB) is moving forward with their plan to
become a holding corporation and incubator for high growth early
stage businesses. Halberd Corporation expects to announce in
the coming days the first company that will be merging in. Halberd
Corporation has had extensive talks with multiple companies.
Halberd Corporation has one clear goal and that is to bring
companies in that have the most potential revenue and profit
structures in order to give shareholders value. Halberd
Corporation will not do a reverse stock split. Our intentions
are to bring in companies that will be spun off in the future via a
stock distribution allowing Halberd Corporation shareholders direct
ownership in these companies. Halberd Corporation additionally will
be changing the name and symbol in the next 60 days.
CEO John C Maddox states, "We realize it has been a frustrating
time for our shareholders, but we are now ready to move forward
with our business plan, which we believe can and will be great for
all of our loyal shareholders who have been steadfast in holding
their stock positions. We are compliant with OTC Markets on all of
our filings and we believe that is the first step in becoming more
transparent with our investors. We would like to thank all of our
loyal investors who have had the patience, and we will continue to
update shareholders' in a much timelier basis in the future."
Safe Harbor
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.The
words or phrases "would be," "would allow," "intends to'" "will
likely result," "are expected to," "will continue," "anticipate,"
"expect," "estimate," "project," "indicate," "could,"
"potentially," "should," "believe," "considers," or similar
expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. These include the company's historic lack of
profitability, end user customer acceptance and actual demand,
which may differ significantly from expectations, the need for the
company to manage its growth, the need to raise funds for
operations and other risks within the regulation of the industry.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company's
past performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
SOURCE Halberd Corporation
