Kerry Associates, Inc. Receives Joint Venture Proposal from Energysave Ltd. on behalf of Amelot Holdings, Inc.
19 Juni 2006 - 7:15PM
Business Wire
Kerry Associates, Inc. announces that the company has received a
Joint Venture proposal from Energysave Ltd. on behalf of Amelot
Holdings, Inc. (Pink Sheets: AMHD). Under the Joint Venture
proposal Amelot and Energysave would construct several Bio Diesel
facilities throughout the United States and Europe using
Energysave's technology. Eric Cousens president of Kerry Associates
stated, "We have received a proposal from Energysave Ltd. to Joint
Venture with Amelot Holdings Inc. Energysave is interested in
establishing a relationship that will bring their technology from
Europe to the United States. The proposal states that Energysave
would provide proprietary state of the art Bio-Diesel processing
equipment to be used in Amelot Holdings subsidiary Amelot
Alternative Energy's proposed facilities." About Amelot Holdings,
Inc. Amelot Holdings, Inc. is a diversified holding company focused
on acquiring under-valued, high-growth firms and properties in the
natural resource industry. For more information on Amelot Holdings
Inc. Visit: www.amelotholdings.com About Kerry Associates, Inc.
Kerry Associates Inc. is a business consulting firm helping
companies develop and expand into emerging markets while
strategically executing their objectives. For more information on
Kerry Associates Inc. Visit: www.kerryassociates.com Statements in
this press release that are not historical facts are
forward-looking statements within the meaning of the Securities Act
of 1933, as amended. Those statements include statements regarding
the intent, belief or current expectations of the Company and its
management. Such statements reflect management's current views, are
based on certain assumptions and involve risks and uncertainties.
Actual results, events, or performance may differ materially from
the above forward-looking statements due to a number of important
factors, and will be dependent upon a variety of factors,
including, but not limited to, our ability to obtain additional
financing and access funds from our existing financing arrangements
that will allow us to continue our current and future operations
and whether demand for our products and services in domestic and
international markets will continue to expand. The Company
undertakes no obligation to publicly update these forward-looking
statements to reflect events or circumstances that occur after the
date hereof or to reflect any change in the Company's expectations
with regard to these forward-looking statements or the occurrence
of unanticipated events.
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