Sebastian River Holdings, Inc. Announces Portfolio Acquisition
20 Junio 2012 - 2:05PM
Marketwired
Sebastian River Holdings, Inc. (PINKSHEETS: SBRH) is pleased to
announce today that it has entered into a material agreement for
the acquisition of a high-interest bearing debenture portfolio.
The closing of the transaction was subject to customary terms
and conditions including the parties entering into a definitive
share purchase agreement in the equity of the portfolio's holding
company and the completion of due diligence. In connection with the
closing of the transaction, Sebastian River proudly adds over
$300,000.00 (USD) in well diversified, high yielding convertible
debenture investments to the Corporate Equity Speculation &
Financing Division.
Sebastian River's Board of Directors approved a final agreement
late June 19th, 2012 and was executed by management June 20th,
2012; the Board commented on the agreement saying, "We are happy to
add this new investment to our portfolio and are very excited about
the rapid growth potential of the new United States
operations."
About Sebastian River Holdings, Inc.
Sebastian River Holdings, Inc. (a C-Corp formed under the Laws
and Jurisdiction of Florida) founded in 1995 is a well-diversified
holding company with a scope and experience level unsurpassed by
peer companies. Operating under three major divisions: Corporate
Equity Speculation & Financing, Business Incubation, and
Business Services, Sebastian River Holdings is a business
development centric holding company.
Shareholders can now subscribe to our Shareholder Newsletter,
you will receive Press Releases at the time it hits the wire and
other important shareholder announcements.
http://sbrhinc.com/investor-relations/shareholder-newsletter/
Forward Looking Safe Harbor
This Press Release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as future results
of operations and financial condition. A more extensive listing of
risks and factors that may affect the company's business prospects
and cause actual results to differ materially from those described
in the forward-looking statements can be found in the reports and
other documents filed by the company with the Securities and
Exchange Commission. The company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
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Sebastian River Holdings, Inc. Investor Relations
424-258-0167 http://sbrhinc.com Email Contact
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