HE-5 Resources Corp Wishes to Inform Shareholders of Refusal to LOI

Tuesday 4, May 2010

HE-5 Resources Corp Wishes to Inform Shareholders of Refusal to LOI

 

NEW YORK--HE-5 Resources Corp. (Other OTC: HRRN.PK) wishes to inform its shareholders of its decision concerning the LOI (letter of intent) received on April 29th, 2010. While we are pleased at the interest shown, the board of directors has decided to reject the offer to purchase (for $850,000 US) a part of our Trading Network software, included in the TBB platform. At this time, we have informed the potential buyer that we will be making a counter offer, which would be more beneficial to our shareholders and corporation.

About us:
We are a developing service company, offering innovative SaaS software solutions. Our software suite Triple Crown CRM was designed for the management needs of individuals and companies. HE-5 Resources' Cloud Computing provides the insight, technology, and synergy to efficiently support the functions of your systems and operations. Our business is to make yours successful!

Contact:
www.he-5resourcescorp.com
www.triplecrowncrm.com

Customer Relation: 646-205-2246

Forward Looking Statements
This release contains statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Act of 1995. Certain statements in this press release may contain words such as "anticipates," "believes," "could," "expects," "intends," "may," "projects," "targets" and other similar language that is considered forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties and persons reading this release are cautioned that such statements are only predictions, and that the Company's actual future results or performance may be materially different. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events, or otherwise, could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

Stock quote

Stock quote

HRRN.PK  HE-5 RESOURCES NE

0.0006Open:0.0008
High:0.0011
-0.0002Low:0.0006
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