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Today’s Hot Stock is KCM Holdings Corp. (OTC: KCMH)
Detailed Quote: http://www.otcpicks.com/quotes/KCMH.php
Company Profile: http://www.otcpicks.com/kcm-holdings/kcm-holdings-2.htm
KCM HOLDINGS CORP. is a strategic business development and holdings company specializing in a broad range of business incubation, support, design and development ventures. Visit www.thekcmgroup.com.
May 5 - KCM Signs Gourmet Food Preparation Client for Innovation of New North American Wide Revenue Model
KCM HOLDINGS CORP. (OTC:KCMH) has signed an agreement with MISE EN PLACE, a company that provides healthy gourmet food that is fast and economical for busy professionals who have no time to cook. Prepared by gourmet Paris-trained chef Judy Wood, MISE EN PLACE services raise the stakes in the $730 Billion food industry.
KCM HOLDINGS CORP. and MISE EN PLACE have entered into a 3-phase agreement for a host of strategic services. KCM has secured a $15,000 upfront cash retainer for phase 1. For phase 2, KCM will be paid an additional $50,000 for expanded business development services as it launches the brand across North America. MISE EN PLACE has also agreed to a revenue share from activities that KCM has or is directly working on for a period of 2 years. A long-term phase 3 has also been agreed to in principle, with the complete details, activities and financial terms to be negotiated in August of 2008.
“For years fast food was the only option for busy professionals and busy families,” says Chad Lefevre, Director of Strategic Development for KCM. “Being busy shouldn’t mean that unhealthy fast food is the only option – and now it is not.”
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated one hundred seventy two thousand free trading shares by a non-controlling third party for KCMH advertising and promotional services.
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