Business
READEN HOLDING CORP Announced finalization the acquisition of 100% of the shares of onmix.com
READEN HOLDING CORP Announced finalization the acquisition of 100% of the shares of onmix.com.
About this update from Readen Holding Corp.
[{"type":"text","content":"READEN HOLDING CORP (RHCO.PK) Announced finalization the acquisition of 100% of the shares of onmix.com.On-mix.com is an online music distribution platform with more than one million unique visitors per month and growing. On-mix.com’s visitors are totally generated through its social media network marketing expertise.The On-mix.com acquisition will bring to Readen Holding Corp. (RHCO.PK) technicaland creative expertise to build a mobile driven music platform for free and paid music downloads for all D5 Mobile end users.Readen Holding Corp. (RHCO.PK) acquired On-mix.com for 1 million newly issued restricted shares of common stock.Management of On-mix.com is in the capable hands of Mr. Henk van der Duim and Mr. Mike Moring who founded started the On-mix.com in 2005.Mr. G. R. Steenbergen, President of Readen Holding Corp. (RHCO.PK) said: “With On-mix.comand its management, we have acquired all the On-mix.com’s expertise in social media marketing and D5 Mobile will strengthen On-Mix.com’s revenue model with Readen’s commercial expertise.”About Readen Holding Corp.Readen Holding Corp. invests intelecommunications, in general, and through its subsidiaries, also continues to develop and design tailor-made products and application software for the telecom market to meet the needs of consumers and the service industry.Readen Holding Corp.'s mission statement is to be a valuable partner for customers in terms of technical flexibility, quality and competitive pricing through the complete value chain (SIM cards, mobile phones and applications).This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words \"anticipates,\" \"expects,\" \"intends,\" \"plans,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\" \"believes,\" \"estimates,\" \"potential\" or \"continue\" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in theforward-looking statements. These risks and uncertainties include, but are not limited to,...