HANA, Hawaii, April 2, 2008 (PRIME NEWSWIRE) -- Maui General Store, Inc. (OTCBB:MAUG) today announced that it is preparing to finalize a merger expected in April of this year.
Richard Miller, Maui President/CEO, commented: "We feel we have found a company that has a solid business along with great management, and will give the shareholders good value for their investment. Even though it has taken longer than expected, we feel it was worth the wait and necessary to do the due diligence necessary to find the right company that deserves to be listed as a publicly traded company and can grow exponentially. We expect to disclose the identity of our merger partner shortly."
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The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.