
US Wireless Online Inc. (UWRL) Signs a Letter of Intent with Go Green Recycling
HENDERSON, NV, April 13 /PRNewswire-FirstCall/ - US Wireless Online, Inc. (UWRL; www.uswirelesscorporation.com/) today, the company signed a Letter of Intent with Go Green Electronic Recycling www.gogreenelectronicrecycling.com.
Following the meetings and discussions at the recent Business Expo and Shareholder Conference in Toronto, the companies sought to solidify the merger negotiations and signed a Letter of Intent to proceed with the merger.
UWRL management is of the opinion that Go Green Electronic Recycling (GER) offers a great opportunity for the company to raise from its ashes, and turn UWRL from the "Company in Distress" to a publicly traded company with an attractive business model that will satisfy company's current investors and entice new investors and public. UWRL management sees a merger with GER as a great opportunity, as the prices and demand for commodities globally increase, and as the recycling and urban mining enter into the mainstream business consciousness (to read more about the merger candidate view press release from April 9, 2010).
In other news, also following Mina Mar Group's Business Expo and Shareholder Conference in Toronto, the company effectively continues discussions with a number of strong, China-based candidates with substantial assets and solid business models. The China based candidates will represent the "core" subsidiary of the UWRL, offering large assets and solid, growth-oriented business models.
The company will update shareholders on progress of all US and China merger negotiations as they unravel.
The GER transaction (The USA Merger) is expected to close shortly.
The company reminds its shareholders and followers to monitor PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.
For any matters relating to retail investor queries or to send the company or its IR a message please click on the "INVESTOR SUPPORT" TAB, or the direct link http://www.minamargroup.net/helpdesk.
Don't be a victim. Report a stock basher. The company is mindful that short sellers, the company competitors and stock bashers stalk small cap Pink Sheets listed companies with hidden agendas. Visit http://www.stockbasher.com/ and find out what criminal and civil actions the US authorities are taking against web sites like investorshub.com and other posters, and the remedies available to you as an individual investor.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity in the company that may or may not be news released, please subscribe or opt in mailer at http://www.minamargroup.com/updates.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of US Wireless Online, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. US Wireless Online, Inc. cautions you that any forward-looking information provided by or on behalf of US Wireless Online, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. US Wireless Online, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond US Wireless Online, Inc.'s control. In addition to those discussed in US Wireless Online, Inc.'s press releases, public filings, and statements by US Wireless Online, Inc.'s management, including, but not limited to, US Wireless Online, Inc.'s estimate of the sufficiency of its existing capital resources, US Wireless Online, Inc.'s ability to raise additional capital to fund future operations, US Wireless Online, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match US Wireless Online, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. US Wireless Online, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry,www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE US Wireless Online, Inc.
Share this article