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VMHIF reverse merger with Cortection Products Ltd |
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Virtual Media Holdings and Cortection Products Ltd. Sign Letter of Intent
VANCOUVER, BC -- (MARKET WIRE) -- 01/09/08 -- Jim Carroll, Chief Executive Officer of Virtual Media Holdings Inc. (OTCBB: VMHIF), announced that a Memorandum of Understanding (MOU) has been signed with Cortection Products Ltd. The MOU calls for both companies to complete their due diligence and finalize an agreement to merge by February 28, 2008. Cortection Products Ltd. is a Canadian company committed to the research, development and design of garments, supports and braces that enhance athletic performance and contribute to improve overall quality of life for all ages and lifestyles. Ten years of research led to the development of CORESHORTS(TM), an anatomically correct compression short for support of the pelvis, groin and hip areas. CORESHORTS(TM) innovative-patented design has created a new industry standard and is rapidly becoming an essential component of both recreational and professional athletic equipment. CORESHORTS(TM) is currently being used by professional athletes on every National Hockey League team, seventeen National Football teams, eight National Basketball Association teams, sixteen Major League Baseball teams, six Canadian Football League teams, four Major League Soccer teams, as well as over 175 Universities and Colleges. The professional athlete and supporting medical community have embraced the new technology and recognize the superior benefits that CORESHORTS(TM) provide in injury prevention, recovery and performance enhancement. Upon completion of the merger an application will be filed to change the Company's name to Cortection. Contact: Jim Carroll CEO Telephone: 604-807-4957 info@virtualmediaholdings.com http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=VMHIF:US&sid=axc3OekBhLiQ I OWN SHARES IN VMHIF PURCHASED ON THE OPEN MARKET.
Posted on: 1/9 8:12:03
Edited by Editor on 2008/1/9 9:03:48
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Cortection Products Ltd website... |
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Website:
http://www.coretection.com/ VMHIF SEC filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001160164&owner=include&count=40 I OWN SHARES IN VMHIF PURCHASED ON THE OPEN MARKET.
Posted on: 1/9 8:26:17
Edited by Editor on 2008/1/9 9:04:24
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VMHIF now 0.019 x 0.02 |
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Seems to be getting more attention.
Posted on: 1/25 12:01:31
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Re: VMHIF reverse merger with Cortection Products Ltd |
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The reverse merger with Cortection Products was not completed. They are a shell again and have been placed on the Profile List.
Posted on: 3/8 10:10:44
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Re: VMHIF reverse merger with Cortection Products Ltd |
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Just popping in
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VANCOUVER, BC, Mar 25, 2008 (MARKET WIRE via COMTEX) -- Virtual Media Holdings Inc.'s (VMHIF) Chief Executive Officer, Jim Carroll, stated that the company will change its name to Biomass Secure Power Inc. upon completion of the merger with Biomass Waste Management (BWM).
BWM is a good fit as they have completed extensive research into the biomass to energy industry and can ensure that a steady supply of fuel is available for a power plant. We are currently preparing an application for submission to BC Hydro to construct a 10 mega watt power plant. Once our application is approved we will sign a 15 to 20 year contract with BC Hydro to sell them all of the power produced. Estimated cost of the power plant will be eighteen million dollars and we should recoup our capital cost in four years. We are excited about entering this field as governments throughout North America are mandating that more energy be produced from green sources and contribute to the reduction of CO2 emissions. We will also generate carbon credits that can be sold or traded generating an addition income stream. The company advises shareholders that Jim Carroll is a shareholder in Biomass Waste Management. This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Posted on: 3/27 8:39:25
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Re: VMHIF reverse merger with Cortection Products Ltd |
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Just popping in
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VMHIF: To Acquire Biomass Secure Power Inc.
12:06 p.m. 06/12/2008 Provided by Ridgeland, MS, JUN 12, 2008 (EventX/Knobias.com via COMTEX) -- By Jay Everitt, jeveritt@knobias.com Virtual Media Holdings Inc. (VMHIF) announced that an agreement to acquire all of the shares of Biomass Secure Power Inc. has been reached. The closing will take effect after the company's fiscal year end of June 30, 2008. The company will change it name to Biomass Secure Power Inc. to better reflect the new direction being taken. Plans are well underway to build and operate a 10 megawatt power plant under BC Hydro's Standing Offer Program. KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.
Posted on: 6/13 13:14:22
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Re: VMHIF reverse merger with Cortection Products Ltd |
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PLS EDITOR WHERE AND HOW DO WE GET THE NEW TRADING SYMBOL,
PLS
Posted on: 6/23 10:46:30
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Re: VMHIF reverse merger with Cortection Products Ltd |
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Appears to be the same:
14:46 VMHIF Virtual Media Holdings Inc. Ordinary Shares (Canada) 4/30/2008 Y From BB (VMHFE)** http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=ALL&d=04/29/2008
Posted on: 6/23 11:26:30
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