Mistral Ventures, Inc. Signs LOI to Acquire Assets of Tech World Capital, Inc.
June 04 2010 - 4:39PM
Marketwired
Mistral Ventures, Inc. (PINKSHEETS: MILV) announces the Company has
executed an LOI with Tech World Capital, Inc., d.b.a. Tech World,
Inc. to acquire substantially all the assets, proprietary products,
licenses, and operations of the Company, subject to completion of
due diligence by both parties and execution of a Definitive Asset
Purchase Agreement.
About Tech World Capital, Inc.
Tech World Capital's Telecom division produces and promotes
multi-network hardware and software services focused on wireless
and voice over internet protocol (VOIP) products, including GSM /
CDMA - VoIP - WIFI - POTS technology. Tech World's patent pending
technology has developed a new service which allows users to bridge
their current cell phones, Wi-Fi phones, POTS phones and calling
cards directly to the Internet for domestic and international
calling. Tech World also offers several innovative technology
solutions that allows users of any telephone network (Cellular,
Wi-Fi, VoIP and POTS) to call internationally without using
expensive cellular international termination networks, but uses
Tech World's termination network to provide international calling
at rates even lower than those offered by Skype, for non Skype-to-Skype calling.
SAFE HARBOR STATEMENT -- THIS DOCUMENT MAY
CONTAIN "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN
SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS
AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED. STATEMENTS IN THIS DOCUMENT, WHICH ARE NOT
PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY
STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS
REGARDING THE FUTURE. Additional information about the Company can
be found in periodic filings with the SEC available at
http://www.sec.gov.
For further information contact: Investor Relations Chris Van
Der Werwe Tech World Capital, Inc. Phone 202.257.6550 Address: 8851
Glenridge Suite #700, Vienna, Va, 22182
http://www.techworldtech.com/