HE-5 Resources Corp Wishes to Inform Shareholders of Financial and Strategic Counter Offer

Wednesday 5, May 2010

HE-5 Resources Corp Wishes to Inform Shareholders of Financial and Strategic Counter Offer

NEW YORK--(BUSINESS WIRE)--HE-5 Resources Corp. (Other OTC: HRRN) announces to its shareholders that we have sent a counter proposal concerning the LOI (letter of intent) received on April 29th, 2010. While we are pleased at the potential buyer’s interest in part of our TBB software trading platform, we felt that in our shareholder’s interest, that there were better avenues to explore. The board of directors has proposed to the private company, a financial and strategic alliance to create a call center and marketing department along the lines of Salesforce.com, in order to grow and develop sales and revenue for our main software program. We have further requested that the private company invest in HE-5 Resources shares on the open market as per the terms stated in the counter proposition. Due to the confidential nature of the negotiations; we will disclose further developments to our shareholders at the appropriate time.

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

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