Nashville, TN (PRWEB) June 14, 2006
AmoroCorp (OTC:AORO), reports that its shareholders approved a motion to acquire all of the assets of JoMo Media Group. http://www.jomomedia.com. JoMo Media Group offers the PHP and MySQL driven scripts and software. JoMo’s chief product is a state-of-the-art Pay-Per-Click (PPC) Search Engine Script. The transaction is expected to close within the next 30 days.
CEO Ephren Taylor stated, “JoMo Media is a forward-thinking company with excellent and competitive products. This asset will help us in expanding our goal to create a profitable business structure based on Empowering Communities Through Socially-Conscious Development.” At 23, Taylor is America's youngest African-American CEO of any public company.
AmoroCorp maintains relationships within the sports and entertainment communities through their Endowment Management programs, with clients such as Snoop Dogg and his Snoop Youth Football League.
“The greatest expansion in our overall business will be as a result of how well we can access and utilize the media. JoMo zeroes in on what every business needs: tracking, control, and accountability. We plan to maximize this new asset in some exciting and powerful ways, and help JoMo expand their marketing to reach new and untapped marketplaces.”
AmoroCorp works closely with government Economic Development Groups across America and internationally, to create workable development and redevelopment programs with local solutions. AmoroCorp’s team represents over 225 years of expertise in construction, development, marketing, investing, legal, accounting, and other key areas. This “Total Team” Support results in some of the highest efficiencies and highest rates of return in the industry.
This press release contains statements that are forward-looking, including comments on future business plans, investments, market conditions, revenue growth, expense management, and outlook. Any number of conditions may occur which would affect important factors in this analysis and materially change expectations. These factors include, but are not limited to, known and unknown risks, changes in technology; success of cost-containment programs; ability to successfully identify, negotiate, close and integrate acquisitions and investment opportunities; shifts in competitive patterns; decisions with regard to products and services; changes in revenues and profits; and significant changes in the market environment. For a description of the foregoing and other factors, investors and others should refer to the company's filings available at http://www.pinksheets.com. AmoroCorp undertakes no obligation to update the forward-looking statements contained herein to reflect changed events or circumstances after today's date.
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