Everybody’s Phone Company Changes Name to Innovative Holdings, Inc. To Better Reflect New Direction
April 10 2014 - 10:12AM
InvestorsHub NewsWire
Company in Negotiations to
Acquire New Hydroponics Subsidiary Within Next Seven
Days
Houston, TX, April 10, 2014
– Innovative Holdings, Inc. (OTC: EVPH), a holding company
established to acquire controlling interests in
profitable small businesses in attractive niche
industries, today announced that the Company’s Shareholders, by
majority consent, approved its name change to Innovative Holdings,
Inc and its entry into the $500 Million Hydroponics industry*.
During the same meeting, the Company’s Shareholders also approved
that the Company submit an application to FINRA to give notice of
the name change and to request a new stock
symbol.
“The new name of the Company
reflects it’s new direction, which includes
acquiring revenue-generating subsidiaries in the hydroponics
industry, one of the fastest growing industries in the U.S.
today. We will continue to do business as
Everybody’s Phone Company and service our existing customer base
while we pursue these new opportunities,” said Norman George
President of Innovative Holdings, Inc.
Once approved by the Board of
Directors, the Company plans to enter into a Acquisition Agreement
with a hydroponics company within the next few business days to
become a wholly owned subsidiary of the Company. The Company will
also search for other acquisitions to help create a diverse revenue
base for its shareholders.
*Per Marijuana Business
Daily on September 12, 2013.
About Innovative
Holdings
Innovative Holdings, Inc is a
holding company with the goal of acquiring controlling interests in
profitable small businesses. Its existing operations sells prepaid,
unlimited local (dial tone) telephone service to the residential
market, primarily in greater Houston, Texas under its DBA,
Everybody's Phone Company. The Company is fully licensed by the
Texas Public Utility Commission to resell telephone services
throughout the State [Service Provider Certificate of Operating
Authority (SPCOA) No. 60785]. Once EVPH achieves critical mass in
Texas, the Company plans to expand its prepaid telecommunications
product offerings nationwide. For more information,
visit www.everybodysphonecompany.com.
The foregoing press
announcement contains forward-looking statements that can be
identified by such terminology such as "believes," "expects,"
"potential," "plans," "suggests," "may," "should," "could,"
"intends," or similar expressions. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause the actual results to be materially different from
any future results, performance or achievements expressed or
implied by such statements. In particular, management's
expectations could be affected by, among other things,
uncertainties relating to our success in completing acquisitions,
financing our operations, entering into strategic partnerships,
engaging management and other matters disclosed by us in our public
filings from time to time. Forward-looking statements speak only as
to the date they are made. The Company does not undertake to update
forward-looking statements to reflect circumstances or events that
occur after the date the forward-looking statements are
made.
Contact:
Everybody's Phone
Company
Tel: (713)
268-1610
www.everybodysphonecompany.com