King Resources (KING) Completes Merger With Grid Grabber
April 05 2012 - 3:45PM
Marketwired
King Resources, Inc. (PINKSHEETS:KING) (www.king-resources.com)
management is pleased to announce that it has completed the merger
with Grid Grabber (www.gridgrabber.com). Simply put, Grid Grabber
powers up when hydro is at its cheapest rates and then supplies it
to your needs when it's at its most expensive. Grid Grabber is
environmentally friendly, and clean. Grid Grabber offers daily
saving without change in usage. No more black-outs. No more high
Hydro bills with Grid Grabber. More details and additional releases
will follow on Grid Grabber activities.
In other company news and events, the company is using this
opportunity to bring attention to its recent filings on
www.otcmarkets.com.
The company has recently filed a legal opinion of the current
Adequate Disclosure and expects a favorable ruling to be
forthcoming shortly. (Target: Current Issuer). The company has
received certain inquiries from its shareholders and followers visa
vie a possible reverse split anticipation, ahead of any additional
primary mergers. The company has no plans immediate, or in the near
future of any such corporate action and or dilution; and or
participation in any sort of toxic financing whatsoever.
The Company reminds its readers and followers to visit OTC
Markets site where its corporate documents are currently filed and
available for viewing. KING has sufficient resources that are made
available through its preferred shareholders and stakeholders to
complete the necessary upcoming mergers and acquisitions without
any dilution. KING share structure will remain undisturbed and in a
"lock down" mode as outlined in the recently filed Adequate
Disclosure.
King management intends to release more details and information
on Grid Grabber and other PRIMARY mining projects / properties /
mergers shortly and on a timely and frequent basis.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of King
Resources, Inc., that constitutes forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. King Resources, Inc. cautions you that
any forward-looking information provided by or on behalf of King
Resources, Inc. is not a guarantee of future performance. None of
the information in this press release constitutes or is intended as
an offer to sell securities or investment advice of any kind. King
Resources, Inc.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond King Resources,
Inc.'s control. In addition to those discussed in King Resources,
Inc.'s press releases, public filings, and statements by King
Resources, Inc.'s management, including, but not limited to, King
Resources, Inc.'s estimate of the sufficiency of its existing
capital resources, King Resources, Inc.'s ability to raise
additional capital to fund future operations, King Resources,
Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying contracts which match King Resources, Inc.'s capability
to be awarded contracts. All such forward-looking statements are
current only as of the date on which such statements were made.
King Resources, Inc. does not undertake any obligation to publicly
update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events.
Contacts: Contacts: Investor Relations
www.minamargroup.net/helpdesk Investor Relations Department Inquiry
www.minamargroup.com/updates King Resources
Inc.corporate@king-resources.com SOURCE: King Resources, Inc.
www.minamargroup.net/helpdesk www.minamargroup.com/updates
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