Daily News header
Press Release

Wessal International, Parent Company of the Red Sea Group, Announces Joint Venture With LoftWerks/Sulja

LoftWerks/Sulja (PINKSHEETS: LFWK) today announces that Wessal International, parent company of Red Sea Group which has been handling all investor relations and promotion of LoftWerks/Sulja in the Middle East, has full intention to move forward with a joint venture.

Wessal International is an internationally renowned company whose portfolios include everything from oil allocations to construction. Wessal International President Ahmed Khalil Al-Muslmani states: "The potential of Sulja Bros. in the Middle East is phenomenal. We believe that the parent company would be better suited to manage the investor relations and promotion of this entity in our region. Therefore, we are happy to announce this new venture." He also stated: "We will move quickly and efficiently to ensure that we claim our portion of the revenues from all the construction that is happening in this region. We are certain that this will enhance confidence for everyone involved with Sulja as well as Wessal International." Documents necessary for this new venture are expected to be signed and finalized within a few weeks.

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

To read the complete release at NewsBlaze,
Wessal International, Parent Company of the Red Sea Group, Announces Joint Venture With LoftWerks/Sulja,
Click here

Related Marketwired Releases News

Her Majesty's Canadian Ship Toronto successfully disrupted her fourth narcotics shipment in two months as part of ongoing counter-terrorism operations in the Arabian Sea. During the search and inspection of a vessel by the ship's naval boarding ...
Product photos are available at http://bit.ly/18eu9RL.
Matrix Asset Management Inc. announces that the terms of its proposed business combination with Marquest Asset Management Inc. previously announced on February 13, 2013 have been revised. A binding promissory note and binding asset sale term sheet ...
Kahn Swick & Foti, LLC and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22, 2013 to file lead plaintiff applications in a securities class action lawsuit against Aruba ...
Cap-Ex Iron Ore Ltd. announces that it has closed a private placement of 20,730,000 units at a price of $0.10 per Unit for proceeds of $2,073,000. Each Unit is comprised of one common share and one share purchase warrant . Each Warrant entitles the ...
Capital Pacific Bancorp announced today the results of recent elections to its board of directors.

 

NewsBlaze Writers Of The Month



Popular Stories This Month

newsletter logo

NewsBlaze
Copyright © 2004-2013 NewsBlaze Pty. Ltd.
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice               Press Room   |    Visit NewsBlaze Mobile Site