Corporate Universe, Inc. (COUV) Corporate Update
January 04 2011 - 3:45PM
Marketwired
Corporate Universe, Inc. (PINK SHEETS: COUV) announces that the
negotiations with Tactician University had reached a dead end, and
the merger with Tactician University will not proceed. Tactician
rejected offers posed by the COUV management regarding and
therefore the merger/purchase of Tactician University will not
proceed. Following these negotiations, COUV will continue focusing
on its main business - offering Transfer Agent services on the
North American markets and seeking new ways of expansion on this
market.
In other corporate updates following the recent forward split,
the company is attempting to recover approximately 100 million
shares to return to treasury from a complex debt swap
transaction.
COUV management will keep all doors of opportunity open, and if
a more suitable merger candidate/deal shall surface, the company
will keep the public informed.
About Corporate Universe, Inc.:
Corporate Universe, Inc., is a holding company formed in order
to provide a greater range of services to the financial community.
Corporate Universe, though its subsidiaries provides the following
services, a full service Transfer Agency, Manhattan Transfer
Registrar Company, EDGAR filing services, with its Q Filers,
division, Proxy and other shareholder printing services and the
distribution of Press Releases. It also has a management consulting
division, Advanta Management Consulting LLC.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Corporate
Universe, Inc. that constitute forward-looking statements for
purposes of the safe harbor provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project," and
similar words and phrases are intended to identify such
forward-looking statements. Corporate Universe, Inc. cautions you
that any forward-looking information provided by or on behalf of
Corporate Universe, Inc. is not a guarantee of future performance.
None of the information in this press release constitutes or is
intended as an offer to sell securities or investment advice of any
kind. Corporate Universe, Inc.'s actual results may differ
materially from those anticipated in such forward-looking
statements as a result of various important factors, some of which
are beyond Corporate Universe, Inc.'s control. In addition to those
discussed in Corporate Universe, Inc.'s press releases, public
filings, and statements by Corporate Universe, Inc.'s management,
including, but not limited to, Corporate Universe, Inc.'s estimate
of the sufficiency of its existing capital resources, Corporate
Universe, Inc.'s ability to raise additional capital to fund future
operations, Corporate Universe, Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities and, in identifying contracts which match
Corporate Universe, Inc.'s capability to be awarded contracts. All
such forward-looking statements are current only as of the date on
which such statements were made. Corporate Universe, Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
SOURCE: Corporate Universe, Inc.
Contacts: Corporate Universe, Inc. info@corp-universe.com
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