TUBAC, Ariz., Oct. 28, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH), has either completed or entered into a letter of intent with four major public company reorganizations in the last two months. Tubac's early success can be attributed to its extraordinary management team. Tubac is pleased to announce that David Brown, a dynamic industry leader, has joined Doug Wyatt as a Director and Officer of New Life Solutions, Inc., one of Tubac's largest partners. Tubac will own approximately 20% of New Life Solutions in addition to three other publicly traded companies upon completion of each transaction. The Management of Tubac is extremely pleased with this success bringing Chef Selections, New Life Solutions, Hagrid Mining and Development, and Quaestus Refining, LLC under contract to become publicly traded.
Gold and Oil Production Partners
Hagrid Mining and Development LLC and Quaestus Refining LLC are both in extremely popular investment sectors (Gold and Oil). Besides both being strong companies, these two sectors have outpaced the market at near record pace with Oil hitting all time highs and Gold predicted to soon follow. These economic factors allow both companies to operate at higher than usual profit margins adding more profit to the bottom line. As mentioned in an earlier press release, it is estimated that Hagrid Mining and Development LLC when at a partially developed production schedule, should account for nearly a Ton of Gold a year equating to over $12,000,000 annually. The potential for Quaestus Refining LLC is equally as impressive with huge, untapped reserves available. The Company expects to utilize its proprietary technology licenses to drive an extremely profitable business.
Management of New Life Solutions
New Life Solutions has partnered with Symbiotics, Inc. to market and distribute quality colostrum and other revolutionary health products. New Life, along with Tubac, is thrilled to announce the addition of David Brown, J.D. as an Officer and Director to the stellar management team that includes the founder of Symbiotics, Doug Wyatt, also an officer and director of New Life Solutions. David Brown is a decisive leader with an extraordinary track record of building strong, successful companies. Brown is a successful corporate attorney who received his Juries Doctorate from Cornell University Law School. He is particularly well known for his tremendous success while President/CEO of Metabolife International, Inc. Under his leadership, Metabolife International achieved record sales and profitability levels and became the No. 1 weight-loss product company in the U.S. New Life Solutions will benefit from its partnership with Symbiotics, Inc. as an internationally recognized and acclaimed company which is the worlds largest producer and distributor of premium quality colostrum products. For almost ten years, Symbiotics products have been marketed through natural food stores, natural products supermarkets, and supplement stores. New Life Solutions will expand branded sales of these products via a breakthrough distribution strategy which aims at and addresses multiple marketing channels which include: (1) Direct marketing via radio and television infomercials, web broadcasting, advertising, direct mail response and catalog sales; (2) Retail outlets, with an emphasis on shopping carts/kiosks located in the center of traffic in major malls; (3) Network marketing.
About Tubac Holdings, Inc.
Tubac is a holding company that specializes in bringing dynamic private companies into the publicly traded arena. The Holding Company provides consulting, capital, management, and other services aiding companies in becoming publicly traded. Tubac specializes in finding undervalued Small Cap and Micro Cap companies that are strong candidates to become publicly traded. The Holding Company takes an approximately 20% equity position in each of the companies it brings under contract. The result of this is a diversified holding company with equity and profit sharing in a variety of publicly traded companies. Currently, Tubac Holdings owns equity positions in the Gourmet Food Industry, the Nutraceutical Industry, the Gold Mining Industry and the Oil and Gas Industry. Tubac Holdings is presently negotiating with several companies and plans to sign letters of intent to complete reorganization every two months. At this rate, Tubac Holdings, Inc. will continue its strong growth model increasing shareholder value quickly.
For more information, visit the company website at www.tubacholdings.com or call 520-398-2235.
For investor relations, call Ed Pickens at 858-459-3552 and visit www.equityallianceint.com.
Certain statements above constitute forward-looking statements with respect to Tubac Holdings, Inc. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Tubac Holdings, Inc. to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.