IAHL Corporation Strengthens as Success Draws Near
February 18 2010 - 6:03PM
PR Newswire (US)
Six months ago IAHL began an extensive internal restructuring
program eliminating individuals associated with past shell
ownership and companies that were connected with IAHL's inception.
Those individuals have been satisfied financially for all
obligations and all ties with them have been severed. A new
management team is now in place and will be taking IAHL to the next
level. All common and most importantly preferred stock is now 100%
in control by IAHL's management team. ROCKLEDGE, Fla., Feb. 18
/PRNewswire/ -- Six months ago IAHL (Pink Sheets: IAHL) began an
extensive internal restructuring program eliminating individuals
associated with past shell ownership and companies that were
connected with IAHL's inception. Those individuals have been
satisfied financially for all obligations and all ties with them
have been severed. A new management team is now in place and will
be taking IAHL to the next level. All common and most importantly
preferred stock is now 100% in control by IAHL's management team.
IAHL is proud to announce that significant funding platforms are
being structured to move IAHL concepts/strategies to realities
within the upcoming quarter. Shareholders can be assured that no
change in share structure is needed to move the project forward.
Funding will be free and clear from debt as the costs involved will
be paid through the funding process. Additional bridge funding has
been agreed to by a Florida based private investor group. Details
of funding will be released after the upcoming closing. Our project
has been approved on a Humanitarian/Job creation basis. IAHL has
attained a consultant that has fortune 500 credentials in
restructuring and obtaining venture capital. We are grateful he
finds our company worthy of his time and efforts. He has opened
many doors in our journey to bring our business plan to fruition.
His innovative strategies and wherewithal will enable us to
dominate in this multi-aircraft niche we have developed. IAHL is
looking forward to unveiling the new updated website encompassing
several links to include an investor relation link that will assist
in providing transparency to our corporate strategies and future
press releases. "With these major accomplishments, I feel certain
that each step taken from this point on will bring phenomenal value
for IAHL and its shareholders," said Mr. Peter Van Dyke, CEO of
IAHL Corporation. IAHL is still in the process of multiple
negotiations pertaining to aviation related acquisitions/mergers
both domestically and internationally. However, only after
agreements have been consummated will precise information be
released. 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. Contact: Curt Ruzicka IAHL 321-223-2822 DATASOURCE:
IAHL CONTACT: Curt Ruzicka, IAHL, +1-321-223-2822
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