BOCA RATON, Fla., June 15, 2009 (GLOBE NEWSWIRE) -- Mobile Media Unlimited Holdings Inc. (DE) (Pink Sheets:MMUH) today announced that a revision of our Year End 2008 financials was uploaded to the OTCQX service of PinkSheets.com. Simultaneously, the operating subsidiary, MMU Inc., filed 1st Qtr 09.
Anthony Sasso, Founder of MMU Inc., commented; "In keeping with the transparency MMU believes is needed for all of our shareholders, MMU is in the last processes of a very protracted and detailed due diligence period with regards to the most important transaction that this Company may ever be part of. Many fast moving changes are occurring with regards to the technologies that our shareholders have invested in. SMS and other cell based technologies may well be the spark that lights a wholly new round of inventive business ideas and revenue drivers. MMU sits on the fulcrum of such an event; we are not going to rush this process. Therefore, MMU requests that impatient equity investors 'move along' to other securities at this time."
About Mobile Media Unlimited Holdings Inc.
MMU is a leader in mobile marketing technologies, utilizing proprietary state-of-the-art marketing solutions and our unique ability to reach millions of new consumers simultaneously. With our extensive "opt in" inventory, MMU strives to stay ahead of the curve, giving our clients a seamless delivery solution and the highest quality of customer service. www.mmusms.com
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.