DALLAS, April 14, 2008 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Metro One Development, Inc. (OTCBB:MODI). Metro One Development, Inc. plans to develop business as a custom builder and property developer in the greater Toronto area. The company plans to acquire and renovate, either on a contract or speculative basis, properties for development or repurpose, after feasibility studies into the strong real estate appreciation potential of an area. Metro One Development, Inc. plans to strategically target growing affluent areas. As a broad spectrum developer and innovator that intends to cater to the consistently strong greater Toronto real estate market, the company intends to offer unique and exclusively designed -- and of exceptional quality -- housing, commercial, retail and industrial properties.
To view the StockGuru profile for Metro One Development, please visit:
http://www.stockguru.com/profiles/modi/index.php
To view the Metro One Development web site please visit:
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This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-KSB. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
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