Macada Holding, Inc. Announces Company Update
14 Oktober 2009 - 6:35PM
Marketwired
Macada Holding, Inc. (PINKSHEETS: MCDA) announces the company shall
have its audit done soon and be moving forward into an OTCBB
company. At this time we have been working on the financials to
complete its audit to complete several deals the company has in
process. Once the audit is completed the caveat shall be removed
again permanently. We have five signed deals with a major funding
commitment soon to be announced. Once everything is in place we
will announce the merger plan and company structure.
In addition we have received approval on all the boxes' graphic
designs for the first phase of our products and plan to start
manufacturing the boxes this week.
Vice President Steven Cohen stated: "We are in the final stages,
we have completed five agreements and are ready to move LyfeTec
into an OTC Bulletin Board arena and become a fully reporting
company with funding. Do to the delay of the audit, the caveat has
been place back on Pinksheets, but we will have it removed as soon
as the audit is place and completed. This gives us more strength to
support our shareholders and to prove the performance of the
company's position and growth."
Safe Harbor Provision
This news release includes forward-looking statements, including
with respect to the future level of business for the parties. These
statements are necessarily subject to risk and uncertainty. Actual
results could differ materially from those projected in these
forward-looking statements as a result of certain risk factors that
could cause results to differ materially from estimated results.
Management cautions that all statements as to future results of
operations are necessarily subject to risks, uncertainties and
events that may be beyond the control of Macada, Inc. and no
assurance can be given that such results will be achieved.
Potential risks and uncertainties include, but are not limited to,
the ability to procure, properly price, retain and successfully
complete projects, the availability of technical personnel, changes
in technology and competition.
Contact: Steven Cohen Vice President 954-772-2640
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