IAHL Corporation Announces Share Buy-Back Program
March 17 2008 - 12:02AM
Marketwired
CAPE CORAL, FL announced today that its Board of Directors has
approved a share buyback program of up to 8,000,000 shares. The
shares will be purchased from the open market and in private
transactions if the Company deems the price appropriate.
Peter Van Dyke, Chairman, said, "I believe that at current
market price, the buyback of some of our stock will provide our
shareholders with a better return on their investment based upon
pending acquisitions. The pending acquisitions are extremely
lucrative and will prove out my foresight."
Mr. Van Dyke also stated, "That the company will aggressively
pursue all obtainable shares as it is certain that once certain
acquisitions are completed, shares of his companies' stock will
substantially increase in value."
This press release does not constitute an offer of any
securities for sale. This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements involve certain risks
and uncertainties that could cause actual results to differ,
including, without limitation, the company's limited operating
history and history of losses, the inability to successfully obtain
further funding, the inability to raise capital on terms acceptable
to the company, the inability to compete effectively in the
marketplace, the inability to complete the proposed and such other
risks that could cause the actual results to differ materially from
those contained in the company's projections or forward-looking
statements. All forward-looking statements in this press release
are based on information available to the company as of the date
hereof, and the company undertakes no obligation to update
forward-looking statements to reflect events or circumstances
occurring after the date of this press release.
IAHL Corporation Investor Relations Phone: 239-277-3883 Fax:
239-283-4843
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