The Board of Directors of USA Real Estate Holding Company (Pinksheets: USTC) a holding company of oil & gas production and movie production, today announces that the Board has received a new slate of directors. Mr. Jeffrey R. Bruhjell has resigned from the Board while retaining the officer position of president. Prior to resigning, the Sole Director, Mr. Bruhjell elected two new directors, Mr. Bilal Shafi and Sabahat Ullah. Bilal Shafi was appointed Chief Executive Officer.
Company president Jeffrey R. Bruhjell said “we have taken on serious business ventures with income positive cash flows. We will be making significant announcements concerning these business additions that also have meaningful assets to join with our family of companies”.
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Safe Harbour Statement
This communication contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of USA Real Estate Holding Company and members of its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions.
The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: USA Real Estate Holding Company