ValueRich, Inc. Terminates Acquisition of US EURO Securities, Inc.
February 14 2008 - 2:24PM
Business Wire
ValueRich, Inc. (AMEX:IVA) announced today that it determined not
to pursue the previously announced acquisition of US EURO
Securities, Inc. The Company believes that terminating the
acquisition is in its best interests and the best interests of its
shareholders. There were no penalties incurred by the Company in
connection with the termination. ValueRich intends to continue to
explore similar opportunities and keep all alternatives open,
including buying another broker-dealer or the filing of a FINRA
application for the obtainment of a broker-dealer license for
ValueRich. This news release contains �forward-looking statements�
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The forward-looking statements are based on current
expectations, estimates and projections made by management. The
Company intends for the forward-looking statements to be covered by
the safe harbor provisions for forward-looking statements. Words
such as �anticipates,� �expects,� �intends,� �plans,� �believes��
�seeks,� �estimates,� or variations of such words are intended to
identify such forward-looking statements. All statements in this
release regarding the future outlook related to ValueRich, Inc.,
including expectations as to the best interests of the Company and
shareholders and its intention to search for partnerships or
associations are forward-looking statements. The forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those set forth or implied
by any forward-looking statements including the risks associated
with the timing and receipt of necessary regulatory approvals from
the SEC, AMEX ad FINRA . All forward-looking statements made in
this press release are made as of the date hereof, and the Company
assumes no obligation to update the forward-looking statements
included in this news release as a result of new information or
future events. Please refer to the Company�s Form SB-2, as amended,
under the caption �Risk Factors� and our other periodic and current
reports filed by ValueRich, Inc. with the SEC for additional
information regarding risks and uncertainties associated with an
investment in ValueRich securities. Copies of these filings are
available through the SEC's website at www.sec.gov.
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