West Palm Beach, FL (PRWEB) April 28, 2007
The Board of Directors of M3X Media, Inc. have announced that the proposed merger agreement with Lone Star Holdings Group, Inc. (OTCBB: LSGH) will not be consummated. M3X Media will remain as a private company and continue to move forward with their corporate development plans.
M3X Media is a cutting edge digital entertainment and multimedia company with a focus on portable multimedia solutions. Company founder, James Devericks has multiple telecommunications related "Patents Pending" in an omnibus "Patent" which has been filed with the United States Patent and Trademark Office and involves several internet technologies, portable consumer handheld electronics and multi-media content delivery.
About M3X MEDIA INC.
M3X MEDIA INC. is a Florida-based corporation specializing in digital entertainment and multi media with a core focus on portable multimedia solutions. Through its M3X Media and M3X Mobile Divisions, the company is at the forefront of cutting edge hardware, software, multimedia portals and media security solutions. The company operates a web portal at http://www.mthreex.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, lack of adequate financing, and various other factors beyond the Company's control.
# # #