We expect that this corporate re-organization
will be beneficial to Hollysys in various ways for many years to come.
Versus" was owned by Comcast prior to the corporate re-organization
that resulted in NBC Universal being operated as a joint venture between Comcast and General Electric.
23 /PRNewswire-FirstCall/ -- Continan Communications (BULLETIN BOARD: CNTN) , a telecommunications holding company providing innovative technology solutions to bridge global communications, announced today that it has completed its recent corporate re-organization
efforts which concur with reaching fund raising milestones with its current capital formation efforts.
The October fundraiser came on the heels of an expansion and corporate re-organization
to support massive growth and a new, improved business model.
Current delays are due to the fact that over 3,000 shareholders of record are holding less than 5 shares due to a corporate re-organization
prior to the Company's reverse merger with Volcano Gold, Inc.
Brase's senior management experience includes extensive work in the areas of corporate re-organization
, strategic and financial planning and budgeting, as well as cost reduction initiatives, mergers and acquisitions, and greenfield start-up programs.