Business Services Industry
Infinity Acquisition Corp. Announces Acquisition of Jarvis Entertainment Group, Inc
Business Wire, April 25, 2006
BOCA RATON, Fla. -- Infinity Acquisition Corp., Inc. (Pink Sheets:IFQJ) announced today the finalization of the acquisition of the previous assets of Jarvis Entertainment Group Inc. Infinity has acquired these assets of Jarvis Entertainment Group Inc. for $5,000,000 in a combination of cash and preferred stock. The acquisition allows Infinity Acquisition to leverage existing relationships and broaden the scope of service provided by the company. "This is a huge step in the long term goals we have set forward for the growth of the company. By diversifying into areas of media and the Internet, Infinity will now be able to offer our clients a complete vertical integration in the areas of market exposure and presence," stated Manny Shulman, President of Infinity Acquisition Corp. "By bringing the Jarvis organization into the fold, Infinity will truly become a multimedia marketing conglomerate that will be able to provide a vast array of services for its financial clients and deliver media exposure and distribution," added Shulman.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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