ORRV: McCusker Sets Stage for Expansion & Growth f
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Posted On: 05/09/2017 11:57:05 AM
ORRV: McCusker Sets Stage for Expansion & Growth for 2017
DALLAS, TX, May 09, 2017 /24-7PressRelease/ -- McCusker Holdings Corp (MHC) a leading national provider of help desk and warranty insurance is announcing it will begin retiring shares of the company's stock trading under the symbol ORRV, soon to be MCCU. The company plans on retiring a total of 300,000,000 shares of ORRV common stock by June 05, 2017. The retiring of 300,000,000 common shares to the treasury of McCusker Holdings Corp by the first week of June 2017 will look to reduce the total outstanding shares by approximately 6%.
Additionally, MHC is forecasting to be a debt free entity upon completion of all necessary conversion which are expected to be completed by May 12, 2017. In addition to being debt free, MHC expects to have cash on hand and significant stock in treasury to complete mission-critical acquisitions or mergers that help attain our mission critical goals and objectives.
In addition to creating a financially secure company, and increasing shareholder's wealth, MHC CEO will continue to focus on negotiating and finalizing acquisitions that will enhance the business strategical goal of end-to end warranty sales growth and technical servicing for the Commercial and Residential furniture, appliances, and smart-technology markets, and the warranty of the multi-billion dollar LED-Lighting industry. The company looks forward to providing shareholders timely progress or closures on any acquisitions or mergers as they are completed.
Please submit any Investor Relation questions or comments to investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerholding.com.
McCusker Holdings Corp & its subsidiaries is a leading national provider of help desk and warranty insurance administration services for a wide variety of industries. It also has created specialized service programs for the consumer electronics, furniture, auto and the heating, ventilating and air conditioning (HVAC) industries.
Certain statements contained in this email, including statements regarding administrative steps, events, and financial trends that may affect McCusker Holdings Corp's future operating results, financial position, stock price and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by the use of words like "strategy," "expects," "plans," "believes," "will," "would", "looks", "estimates," "intends," "feels," "projects," "goals," "targets," "hopes," "seeks", and other words of similar meaning. Pro forma projections of an individual or generic investor's investment performance always are completely uncertain. Similarly, pro forma projections of splits, electronic share deposits, and timing of initiation of warrant trading, for example, in order to explain the sequence and timing of facilitated share trading and warrant exercise, are always completely uncertain. You can also identify these and other forward statements by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities
Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and have questions or removal reuqests please contact pressreleases@franklyinc.com
For the original version on 24-7 Press Release Newswire visit: http://www.24-7pressrelease.com/press-release...438133.php
DALLAS, TX, May 09, 2017 /24-7PressRelease/ -- McCusker Holdings Corp (MHC) a leading national provider of help desk and warranty insurance is announcing it will begin retiring shares of the company's stock trading under the symbol ORRV, soon to be MCCU. The company plans on retiring a total of 300,000,000 shares of ORRV common stock by June 05, 2017. The retiring of 300,000,000 common shares to the treasury of McCusker Holdings Corp by the first week of June 2017 will look to reduce the total outstanding shares by approximately 6%.
Additionally, MHC is forecasting to be a debt free entity upon completion of all necessary conversion which are expected to be completed by May 12, 2017. In addition to being debt free, MHC expects to have cash on hand and significant stock in treasury to complete mission-critical acquisitions or mergers that help attain our mission critical goals and objectives.
In addition to creating a financially secure company, and increasing shareholder's wealth, MHC CEO will continue to focus on negotiating and finalizing acquisitions that will enhance the business strategical goal of end-to end warranty sales growth and technical servicing for the Commercial and Residential furniture, appliances, and smart-technology markets, and the warranty of the multi-billion dollar LED-Lighting industry. The company looks forward to providing shareholders timely progress or closures on any acquisitions or mergers as they are completed.
Please submit any Investor Relation questions or comments to investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerholding.com.
McCusker Holdings Corp & its subsidiaries is a leading national provider of help desk and warranty insurance administration services for a wide variety of industries. It also has created specialized service programs for the consumer electronics, furniture, auto and the heating, ventilating and air conditioning (HVAC) industries.
Certain statements contained in this email, including statements regarding administrative steps, events, and financial trends that may affect McCusker Holdings Corp's future operating results, financial position, stock price and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by the use of words like "strategy," "expects," "plans," "believes," "will," "would", "looks", "estimates," "intends," "feels," "projects," "goals," "targets," "hopes," "seeks", and other words of similar meaning. Pro forma projections of an individual or generic investor's investment performance always are completely uncertain. Similarly, pro forma projections of splits, electronic share deposits, and timing of initiation of warrant trading, for example, in order to explain the sequence and timing of facilitated share trading and warrant exercise, are always completely uncertain. You can also identify these and other forward statements by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities
Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and have questions or removal reuqests please contact pressreleases@franklyinc.com
For the original version on 24-7 Press Release Newswire visit: http://www.24-7pressrelease.com/press-release...438133.php
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