Houston, Texas (Accesswire) November 6, 2013 - Team Nations Holding Corp, (a Nevada Corporation) (OTC: TEMN), today announced that it will sign an engagement letter with Houston law firm Sonfield & Sonfield as stated in the release dated 10/25/2013. The historical Texas firm will represent the company as special counsel in both corporate and United States securities regulation matters as may be required in connection with the organization.
The areas being addressed immediately are getting current status filings completed in the State of Nevada and assisting the independent auditors in bringing the company into compliance with the rules and regulations of the Financial Industries Regulatory Authority (FINRA), the Depository Trust Company (DTCC), the Securities and Exchanges Commission (SEC), the stock transfer agent and OTC Markets. Upon completion of returning to current status in Nevada the company will appoint its new board of directors and begin implementing a new business plan.
The company is continuing its negotiations with a Texas based alcoholic beverage supplier for the purpose of completing a share exchange between the company and TEMN. Once consummated, the Company will begin operating in Texas as an importer and distributor of distilled alcoholic beverages.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Team Nations Holdings Corporation, Inc.’s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.