$2.3 million (TDEY ) Oak River Technology, Sells S
Post# of 4425
Posted On: 08/28/2015 11:48:53 PM
$2.3 million (TDEY ) Oak River Technology, Sells Small Group Benefits Enrollment Platform
16 minutes ago - DJNF
CHEYENNE, WY, SAN ANTONIO, TX, AND DALLAS, TX / ACCESSWIRE / August 26, 2015 / Oak River Technology LLC, a wholly owned subsidiary of 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc. (OTC Pink: TDEY) (PINKSHEETS: TDEY), announces the sale of its small group benefits enrollment platform to Chimienti and Associates of Fresno, California for Two Million Three Hundred Thousand Dollars ($2,300,000.00) today. ORT retains a twenty percent residual income from all sales utilizing the technology. "This allows us to focus on our fast growing premiums collection and remittance business while retaining a residual income from our investment in the enrollment technology vertical. This small group platform gives Chimienti and Associates a significant advantage over its competitors in the small group business," said Oak River Technologies CEO Kent Linduff.
In addition to this announcement and in anticipation of significant growth in revenues, Oak River Technology announces it has engaged Lowrey, Powell, & Stevens Accounting Firm of San Antonio to provide all accounting functions as required. "It is important for the company and shareholders to have absolute trust in our numbers and we know a prestigious firm such as Lowrey, Powell, & Stevens will deliver that trust," stated Kent Linduff CEO of Oak River Technology.
Established in 1980, Lowrey, Powell, & Stevens (LPS) is a unique and dynamic organization of Certified Public Accountants with progressive ideas and imaginative solutions for businesses of all types and stature. They are professionals interested in contributing to the total success of our organization. LPS has maintained that much of their success has come from identifying emerging growth companies and consulting with them as they evolve into major enterprises. Oak River Technologies is pleased to have LPS as their accounting firm.
For more information contact: investorrelations@oakrivertech.com
www.oakrivertech.com
16 minutes ago - DJNF
CHEYENNE, WY, SAN ANTONIO, TX, AND DALLAS, TX / ACCESSWIRE / August 26, 2015 / Oak River Technology LLC, a wholly owned subsidiary of 3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc. (OTC Pink: TDEY) (PINKSHEETS: TDEY), announces the sale of its small group benefits enrollment platform to Chimienti and Associates of Fresno, California for Two Million Three Hundred Thousand Dollars ($2,300,000.00) today. ORT retains a twenty percent residual income from all sales utilizing the technology. "This allows us to focus on our fast growing premiums collection and remittance business while retaining a residual income from our investment in the enrollment technology vertical. This small group platform gives Chimienti and Associates a significant advantage over its competitors in the small group business," said Oak River Technologies CEO Kent Linduff.
In addition to this announcement and in anticipation of significant growth in revenues, Oak River Technology announces it has engaged Lowrey, Powell, & Stevens Accounting Firm of San Antonio to provide all accounting functions as required. "It is important for the company and shareholders to have absolute trust in our numbers and we know a prestigious firm such as Lowrey, Powell, & Stevens will deliver that trust," stated Kent Linduff CEO of Oak River Technology.
Established in 1980, Lowrey, Powell, & Stevens (LPS) is a unique and dynamic organization of Certified Public Accountants with progressive ideas and imaginative solutions for businesses of all types and stature. They are professionals interested in contributing to the total success of our organization. LPS has maintained that much of their success has come from identifying emerging growth companies and consulting with them as they evolve into major enterprises. Oak River Technologies is pleased to have LPS as their accounting firm.
For more information contact: investorrelations@oakrivertech.com
www.oakrivertech.com
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