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The Automotive Resource Network Shareholder Update
  • USA - English

The Automotive Resource Network Holdings Shareholder Update (OTC:ARNH)


News provided by

ARNH

Jul 26, 2018, 08:30 ET

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NAPLES, Fla., July 26, 2018 /PRNewswire-PRWeb/ -- The Automotive Resource Network Holdings, Inc. (OTC: ARNH) ("ARNH" or the "Company"), an emerging, Multinational Conglomerate Holding Company focused on the acquisition of profitable businesses around the world, is happy to make several key announcements.

The Company is happy to announce they recently hired a new President, John Morgan. Mr. Morgan has over 20 yrs of experience in international businesses, Sales, mergers and acquisitions. The Company is also proud to announce a new business model and direction for the company that we believe that Mr. Morgan will execute on in the near term. The company will be focusing on finding new and existing profitable businesses to acquire under the umbrella of the multinational conglomerate. We are proud of the effort and the growth the company has already experienced under the leadership and guidance of Mr. Morgan. Along with Mr Morgan's experience and expertise, the company also has a New Majority Shareholder, Mr. Zamil Ahammad, that has taken over the control block of the company from previous management. Mr. Ahammad is a Savvy Business owner and Investor with over 20 years of experience world wide with extensive experience in international mergers and acquisitions.

John Morgan stated, "I am proud to be leading the Automotive Resource Network Holdings. We have been hard at work to put ourselves in the best possible position to add value to our company and its shareholders. We are currently in the final stages of the first of what we believe will be very many acquisitions. We have several acquisitions that we have been targeting since we assumed control of the company and we expect to have closed on the first of these acquisitions in the very near term. We appreciate your patience and enthusiasm as we continue to build this company and work diligently to bring added value to the company and its shareholders. We will be making another announcement regarding this acquisition as well as many other potential acquisitions that we have begun negotiations on along with other orders of business in the near term."

SAFE HARBOR ACT: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE ARNH

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