Global Boulevard International, Inc. Acquires 99% of the Common Stock of Pro-Squared, Inc.
Global Boulevard International, Inc. (OTCBB: GBBV) has acquired 99% of the common stock of Pro-Squared, Inc.
Global Boulevard International, Inc. Acquires 99% of the Common Stock of Pro-Squared, Inc.
HOUSTON, TEXAS [PRWEB] April 1, 2003
Global Boulevard International, Inc. (OTCBB: GBBV) has acquired 99% of the common stock of Pro-Squared, Inc. (DBA The Project Group). Global exchanged shares equaling 90% of the common stock in Global Boulevard in exchange for the acquired Pro-Squared shares. A form 8-K was filed March 28,2003 disclosing the terms of the agreement and plan of reorganization between the parties. Pro-Squared Inc. focuses on continuously improving project management to ensure on time and on budget performance for the Fortune 500, with client companies including: Microsoft (NASDAQ:MS), Halliburton (NYSE:HAL), and Waste Management Inc. (NYSE:WMI). As part of the transaction, Global Boulevard will be renamed "The Project Group, Inc."
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Contact:
Craig Crawford, President
Pro-Squared, Inc. DBA The Project group
713-622-100
ccrawford@projectgroup.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated by these statements. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new opportunities,and the unpredictable nature of business risks; as well as other factors set forth in the Companys most recently filed Form 10 reports. The forward-looking statements contained herein represent the Companys judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. The Company assumes no obligation to update the statements contained in this release.
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