Intelagy Discusses Potential Acquisition
May 13, 2014
intelagy corp. (www.intelagy.com) is in discussions to potentially be acquired by a non-disclosed publicly traded company. Kevin Kading, intelagy’s chairman and CEO noted that an acquisition by a public company would expect to enhance the valuation of the company as well as the shareholders of the public company. “Through the proposed intelagy merchant shareholder loyalty program and an employee and sales partner equity participation program, we expect to create a bond between the merchants, employees and the Company. Intelagy, by going to the public markets, plans to raise $400 million in the near future to enhance its core business and to acquire competitors for stock and cash. Our intention is to list the company on the NYSE-AMEX and then to NYSE.
Kading commented: “intelagy is completely designed and dedicated to delivering for its customers and its shareholders a wealth of value”.
For further information please contact: Kevin Kading at email@example.com
This news release includes certain forward-looking statements concerning the future performance of Kading Companies, SA’s business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing. Actual events or results may differ materially from those projected in the forward looking-statements and readers are cautioned against placing undue reliance thereon.