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.
Valuerich, (AMEX:IVA)
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