Las Vegas, NV / 02/12/14 / ACCESSWIRE / Geo Finance Corporation (GEFI) announced today that after completing due diligence and negotiating with the principals of AVC Corp., the parties have been unable to come to an equitable understanding and the proposed acquisition has been cancelled.
“We wish them well in their future endeavours,” commented Brian Keasberry, CEO of Geo Finance Corp., “But there just wasn’t a fit here. We’ve been presented with several different opportunities and we’ll update our shareholders as these opportunities mature.”
About Geo Finance Corporation:
Geo Finance Corporation is a Florida entity established to develop and invest in energy related projects including waste to energy, geothermal collection fields, natural gas and petroleum production. The administrative office is based in Las Vegas, NV.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the intentions, the expected timetable for completing any transaction, benefits and synergies of any transaction, future opportunities for the company, expectations regarding the value and benefits of any transaction and any other statements about Geo Finance Corporation's managements' future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should also be considered to be forward-looking statements. Except as required by applicable law, Geo Finance Corporation disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.
Source: Geo Finance Corporation
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