QUEBEC CITY, Oct. 30, 2013 (GLOBE NEWSWIRE) -- ROI Land Investments, Ltd. ("ROI" or the "Company") (OTCBB:ROII), previously known as Conex MD, Inc., announced today that it has begun trading as ROI Land Investments, Ltd. under its new trading symbol of ROII on the Stock Market.
This reflects a new and exciting chapter for the Company. The Company is currently evaluating a number of carefully selected land acquisition targets to develop in the province of Quebec, Canada. The Company is also actively pursuing capital to further explore, secure and develop these acquisition targets.
Patrick Bragoli, President & CEO, stated: "We are delighted to so quickly progress in the development of our Company and we are now actively evaluating several potential targets. More information relating to our target acquisitions and future financing will be announced as developments occur."
Philippe Germain, VP of Investor Relations, added, "We are excited about this development and look forward to further significant developments in the near and medium term. Our formula has been proven before in the private sector and with this new chapter as a public company we are confident we can achieve it again, both to ourselves as well as our shareholders. We are currently conversing with qualified private and institutional investors in order to secure the necessary funding to further acquire and develop some of our initial acquisition targets."
About ROI Land Investments, Ltd.
ROI Land Investments, Ltd. ("ROI") is a real estate investment company specializing in land development. ROI's business model consists of acquiring attractive land developments free of zoning restrictions, obtaining the necessary development permits, outsourcing the development of the infrastructure and profiting from the sale of the subdivided land units to known large regional developers.
Forward-Looking Statements
This press release may contain forward-looking statements. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements include statements about matters such as: future prices and sales of and demand for our products; future industry market conditions; future acquisitions, financing, changes in operations; future operating and overhead costs; recapitalization and balance sheet restructuring activities (including debt-for-equity exchanges, land transactions, capital raising and other activities); operational and management restructuring activities (including implementation of methodologies and changes in the board of directors); future employment and contributions of personnel; tax and interest rates; capital expenditures and their impact on us; nature and timing of restructuring charges and the impact thereof; productivity, business process, rationalization, restructuring, investment, acquisition, consulting, operational, tax, financial and capital projects and initiatives; contingencies; environmental compliance and changes in the regulatory environment; offerings, sales and other actions regarding debt or equity securities; and future working capital, costs, revenues, business opportunities, debt levels, cash flows, margins, earnings and growth.
The words "believe," "expect," "anticipate," "estimate," "project," "plan," "should," "intend," "may," "will," "would," "potential" and similar expressions identify forward-looking statements, but are not the exclusive means of doing so. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our SEC filings and the following: the current global economic downturn and capital market weakness; the speculative nature of land development, obtain necessary financing or refinancing or restructure indebtedness or our debt service obligations on acceptable terms or at all; potential dilution to our stockholders from our recapitalization and balance sheet restructuring activities; potential inability to continue to comply with government regulations; adoption of or changes in legislation or regulations adversely affecting our businesses; business opportunities that may be presented to or pursued by us; changes in the United States or other monetary or fiscal policies or regulations in response to the recent capital markets and economic crises; changes in generally accepted accounting principles; geopolitical events; potential inability to implement our business strategies; potential inability to grow revenues organically; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies and equipment raw materials due to credit or other limitations imposed by vendors; assertion of claims, lawsuits and proceedings against us; All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. We undertake no obligation to publicly update or revise any forward-looking statement. Neither this press release nor any related calls or discussions constitutes an offer to sell or the solicitation of an offer to buy any securities.
For more information please visit our website: www.roilandinvestments.com