SNM Global Holdings Completes Acquisition of Banx and Green Group Inc.
11 Januar 2011 - 8:35PM
Marketwired
SNM Global Holdings (PINKSHEETS: SNMN) announced today it has
completed its acquisition of 51% of Banx and Green Group Inc.
Banx and Green Group is an Alternative Energy Company with
specialties in Green Construction, Biofuel Development with a
contract to build Emergi-Care centers in California.
The company's future plans are to:
- To expand the current business model to include various
holdings for possible acquisitions, investments and the development
of new created IPOs
- To move to the OTCBB and create company value through the
creation of IPOs
- Hire additional Board Members and Management personnel
- New Web and Social Media Strategies
- File all financial statements to bring the company to current
status
The current Board Members and President Mr. Harrison have
resigned and Mr. LaFave is the sole director and President of SNM
Global Holdings. Mr. LaFave will also maintain his position as
President of Banx and Green Group.
Also, in a private transaction, Mr. LaFave has acquired the
Preferred Series "A" stock representing 50.1%.
About SNM Global Holdings SNM Global Holdings (SNM Global) is a
technology holding and development company that invests in,
acquires, and develops Intellectual Property Assets and Operations
in various industries such as Clean/Alternative Energy, Green
Construction, Sports and Entertainment and New Media Properties
sectors.
The Company sees profits through equity ownership and sales and
distribution of its technology and solutions. The company operates
through its subsidiaries and various distribution partners
worldwide.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995 This press release may contain certain
forward-looking statements and information, as defined within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, and is subject to the
Safe Harbor created by those sections. This material contains
statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements to be materially
different from the statements made herein.
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CONTACT: SNM Global Holdings 4045 South Spencer Street, Suite
403 Las Vegas, NV 89119 Email Contact 702-509-5003
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