Ding King to Increase Revenues Significantly Through Post-9/11 GI Bill Educational Benefits for Training of Our Military Vete...
September 03 2013 - 8:00AM
Marketwired
mLight Tech, Inc., a fully reporting Florida based corporation
(OTCQB: MLGT), announced today that The Ding King Training
Institute, Inc. plans to seek approval by The Department of
Veterans Affairs to accept US Veterans Post-9/11 GI Bill benefits.
Ding King's programs are currently approved by the Department of
Veterans Affairs for Vocational Rehabilitation and the company
expects no obstacles in gaining the necessary approval for
receiving educational benefits under the Post-9/11 GI Bill.
The Post-9/11 GI Bill provides financial support for the
education and housing to individuals with at least 90 days of
aggregate military service after September 10, 2001 for Army, Navy,
Air Force, Marines, National Guard and Reserves. The Post-9/11
educational benefits can be used to pay for full tuition and
associated fees.
CEO Todd Sudeck commented, "The Ding King Training Institute has
a 20-year track record and a strong reputation for providing
quality automotive training programs. We believe that veterans
transitioning from military to civilian life will enjoy excellent
entrepreneurial opportunities by either owning their own business,
or becoming part of The Ding King Nationwide Network of Certified
Technicians."
The imminent acquisition of The Ding King by mLight Tech will
provide additional resources that will be used to expand Ding King
training schools throughout The United States. Upon receiving
approval from The Department of Veterans Affairs, Ding King expects
to open additional training centers adjacent to military bases
nationwide, which should result in an increase in revenues by
100%.
The Ding King Training Institute has signed a binding Letter of
Intent to become a wholly owned subsidiary of mLight Tech, Inc.,
pending completion of a financial audit which is expected to be
delivered within the next few weeks.
ABOUT DING KING
The Ding King Training Institute is a Bureau for Private
Postsecondary Education (BPPE) approved institution, and has been
certified to meet the minimum standards established by the Bureau
for integrity, financial stability, and educational quality,
including the offering of bona fide instruction by qualified
faculty and the appropriate assessment of students' achievement
prior to, during, and at the end of its training programs.
The Ding King Training Institute teaches Paintless Dent Repair
and other Automotive Appearance Programs. Ding King's Paintless
Dent Repair Tools are distributed on over 3,000 Snap-On Tool Trucks
nationwide and its do-it-yourself dent repair kit called Ding King
was marketed on television and sold at major retailers across the
United States.
mLight Tech, Inc. (OTCQB: MLGT) trades on OTCQB, the venture
state marketplace for companies that are current in their reporting
with a U.S. regulator (SEC, bank, insurance).
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of mLight Tech, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
Contact: Todd Sudeck CEO mLight Tech, Inc. Email Contact