Invicta Group Inc. Announces Cancellation of Definitive Agreement With Extraordinary Vacations Group
Market Wire, November, 2007
Invicta Group Inc. (OTCBB: IVIT) announced today the company has canceled the Definitive Agreement to merge with Extraordinary Vacations Group.
Extraordinary Vacations Group and Invicta Group Inc. signed a Definitive Agreement between the companies September 3, 2007 pending timely funding. Invicta's Board canceled the Agreement due to the delay of funding.
The Board has also changed the titles of the executive Officers of the company; David Scott is the Founder, CO-CEO, COO, and CFO; and William Forhan is CO-CEO and President.
David Scott, Co-CEO of Invicta, states: "Invicta will focus as an Internet Media Company using the subsidiary Travel Hot Link to generate revenues. The company has also leased offices in Las Vegas to house our internet servers and create a new revenue stream of Co-Hosting servers for Emarketing companies."
INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel and Entertainment Industry. The company has 2 subsidiaries that both use the Internet as their key media to generate revenues: Travel Hot Link sells its Internet database of 40 million travel enthusiasts to Travel Suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, cruise cabins on the Internet 24/7. The Company has recently launched www.InvictaMusic.com to diversify revenues and enter the Entertainment Industry.
Additional information contact: David Scott Chief Operating Officer dscott@invictatravelgroup.com http://www.invictatravelgroup.com
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