myFreightWorld Technologies Inc. Announces Letter of Intent to Enter Into Merger Agreement With All Modes Transport
August 03 2010 - 8:00AM
Marketwired
myFreightWorld Technologies Inc. (PINKSHEETS: MYFT)
www.myfreightworld.com announced today that it has signed a letter
of intent to merge the MYFT retail division with All Modes
Transport. The agreement is subject to all due diligence completion
and preparation of final written documentation.
MYFT CEO J. Michael Head stated, "We expect to announce the
completed agreement within days along with All Modes Revenues. The
forthcoming announcement and business plan will give our
shareholders some very good news about the future of this
company."
Notice on Forward-Looking Statements
myFreightWorld's vision is to realize shareholder value and
wealth through monetization of its projects and potential
discoveries through partnerships with significant players with
ready capital and production expertise. The matters set forth in
this press release may contain forward-looking statements regarding
myFreightWorld and its business within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements speak only as of the date on
which they are made and myFreightWorld undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
Statements are subject to risks and uncertainties that may cause
actual results to differ materially. These risks are detailed from
time to time in the company's periodic reports filed with the
Securities and Exchange Commission including the company's Annual
Report, Quarterly Reports and other periodic filings.
For Information Contact: myFreightWorld email: Email
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