Friday, August 29 2014 1:50 PM EDT2014-08-29 17:50:07 GMT
The ex-wife of an Arizona shooting range instructor accidentally killed by a 9-year-old girl learning to use an Uzi said Friday that her family plans to write the child a letter to comfort her.More >>
The accidental killing of a firing range instructor by a 9-year-old girl learning to shoot an Uzi unleashed a storm of criticism and anger, with much of it aimed at her parents.More >>
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SOURCE USA Real Estate Holding Company
SANTA MONICA, Calif., June 5, 2014 /PRNewswire/ -- The Board of Directors of USA Real Estate Holding Company (OTC Pink: USTC) updates shareholders as to Business Plans. As part of our new Business Plan we will be investing in Limited Partnerships designed to produce income. New management is working on many compliance related items and we may be filing form 6490 with FINRA in the coming weeks. This is a notice required to be filed by companies taking certain corporate actions and must be filed two weeks ahead of the planned corporate action. Late filings are subject to onerous fees. These contemplated corporate actions are in no way delaying the projects that are in the works.
Film: We have three movie deals to fund and a possible fourth, and are progressing nicely with the funding efforts. Our first film investment, Malacrianza is just finishing post production and will be shown at certain film festivals in the United States this Fall. They are negotiating a Latin American movie distribution contract for release later this year.
Oil & Gas: We have several projects to do once we have the capital in place. There are serious-minded investors with plans underway to address these needs.
Medical Marijuana: We are seriously looking at what will likely be a multi-billion dollar industry in just a few years. Many serious and big players are entering the field. We are considering how we can participate in the explosive market.
Real Property: We plan to continue the Company's past dealings with two pending items possible to complete.
This communication contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of USA Real Estate Holding Company and members of its management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions.
The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.