MIAMI, Feb. 9, 2011 (GLOBE NEWSWIRE) -- IAHL (Pink Sheets:IAHL) has diligently moved into a position to finalize its current objectives elevating both company and its shareholders value. We continue working with our private investor group (as outlined in our last press release) who is a conglomerate with offices in United States, Latin America and Singapore. They have been funding the travel and attorney expenses in moving this to completion and will be part of our integral success. We have been pursuing certain assets in line with our business model.
They have engaged an accomplished CEO from outside their company who in the past has operated and sold multi-million dollar corporations in Europe and here in the United States. He has personally orchestrated a developmental product from vision to production twice in the past eventually selling both companies to a much larger corporation. He has been and is currently negotiating with past business partners in China, England and the United States to finalize a significant merger/acquisition candidate, expanding IAHL's portfolio into a more diversified company. His financial background and political associations are extremely noteworthy to aid in the "Stock Arena" as that phase of IAHL moves forward. IAHL's management team is working closely with him to expedite everything as quickly as possible but more importantly ensure success instead of any unforeseen obstacles ahead of us.
It is important for shareholders to note that the company has not sold any stock into this rise or increased or altered our share structure as our goal is to bring real value to our shareholders. We want to thank the many loyal and patient holders of our stock and soon hope to bring them what we all have been waiting for.
Due to the extreme critical and sensitive nature of this project nearing final announcement, all names are being kept strictly confidential to reduce any breech of non-disclosure or diluted facts that could delay our future proceedings prior to any upcoming assets moving into IAHL. After merger/ acquisitions have been consummated, all verifiable and tangible names will be publically released. This will be appropriately dispersed to the public in the upcoming Press Release which we will have out within this quarter, along with an investor relation contact point. We are confident that once completed and released, shareholders will have tremendous value in their investment ...we thank you for your patience.
This press release does not constitute an offer of any securities for sale. This press release contains certain 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.