CARROLLTON, Texas, June 20, 2011 /PRNewswire/ -- The Kiley Group,
Inc. (Pink Sheets: KGRI) has signed a Letter of Intent to purchase
an existing Pinksheet Company to complete a reverse merger with one
its clients, BuffWater. The Kiley Group is currently in the
due diligence stage of the acquisition and will be releasing more
details once the transaction is complete. This transaction
will significantly increase The Kiley Group's position in
BuffWater.
"The transaction will bring added shareholder value to both KGRI
and BuffWater. The merger will allow our client to bring on
additional capital and expand its distribution channels. We
will be updating shareholders on KGRI's other current projects in
the near future," states President William
Smart.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information
within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended (the Exchange Act), including all statements that
are not statements of historical fact regarding the intent, belief
or current expectations of the company, its directors or its
officers with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's financial
condition or results of operations; (iii) the company's growth
strategy and operating strategy; and (iv) the declaration and
payment of dividends. The words "may," "would," "will," "expect,"
"estimate," "anticipate," "believe," "intend" and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors including the risk disclosed in the
company's registration statement and reports filed with the SEC.
The Company claims the safe harbor provided by Section 21E(c) of
the Exchange Act for all forward-looking statements
SOURCE The Kiley Group, Inc.