ELEMENT GLOBAL, INC. (ELGL) FINALIZES “LETTER OF INTENT” TO ACQUIRE INTERNATIONAL OPERATION
Virginia Beach, VA- April 7, 2016- Element Global, Inc. (OTCPINK:ELGL) announces that its management team successfully negotiated a “Letter of Intent” on a pending acquisition of an international corporation.
After 15-months of negotiations between Global Holdings, Inc., Element Global, Inc. and this international corporation, all parties involved agreed to finalize a “Letter of Intent” on an acquisition. Element Global, Inc. will acquire the international corporation’s assets and operations. These assets are more than €3B (three billion) Euros.
Element Global, Inc. committed an enormous of amount of time and resources in working through this agreement.
As more news becomes available on this pending acquisition, more information about this agreement will be posted in a timely fashion.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, at 757-306-6090 and yes@yesinternational.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.