Scottsdale, Arizona 6/17/2008 7:24:54 AM
News / Finance

QualityStocks.net News – Omega United, Inc. (OMGA.OB) dba SkyPostal Networks, Inc. Announces $10M Financing – 6/16/08

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Omega United Inc. dba SkyPostal Networks, Inc. (OTCBB: OMGA) is one of our highlighted companies this month. The company is an international mail distribution company that specializes in offering hand delivery of commercial mail, periodicals and parcel post into the LAC region. SkyPostal is one of the largest private mail networks in Latin America handling mail from European postal administrations, major publishers, mail consolidators international mailers and financial institutions that require time-defined and reliable delivery of their mail, magazines and mail order parcels.
 
In our client’s news today,
 
Omega United, Inc. dba SkyPostal Networks, Inc. (OTCBB:OMGA) announced it has completed arrangements for $10 million in private placement financing through Falcon Capital, an international group of consulting firms providing business development, change management advice and financing through their client base of more than 1,500 banks, institutions and private individuals.
 
This $10 million, added to the approximately $3.2 million equity conversion from common shares already completed, gives the company a capitalization of more than $13 million, which will enable SkyPostal to move ahead with its plans of improving and extending its mail delivery network in the Latin America-Caribbean region.
 
Utilizing its now totally debt-free balance sheet, SkyPostal is perfectly aligned to pursue beneficial acquisitions to solidify its market presence and improve and expand its service via deployment of its GPS delivery confirmation service. According to SkyPostal President and CEO Albert P. Hernandez, “With recent developments and the closing of this private placement, SkyPostal will be able to consolidate its network in LAC and expand its service offering to Europe. With this additional capital, we will be able to fast track the growth of the company both organically and through strategic acquisitions.”
 
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Forward-Looking Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.