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XTend Medical Corporation (XMDC) Signs Letter of Intent to Purchase JoyFull Genius, Inc.(May 07, 2012)
SUN VALLEY, CA -- (Marketwire) -- 05/07/12 -- XTend Medical (PINKSHEETS: XMDC) has signed a Letter of Intent to purchase JoyFull Genius, Inc., a CA-based entertainment company. Once the due diligence process is complete, JoyFull Genius will become a division within the company.
The company released the following statement:
"As XTend Medical, soon to be named MultiCorp International, Inc., looks to diversify its scope of business in the future and pending our due diligence process, the company will be acquiring JoyFull Genius, Inc. This will be our first step in many acquisitions over the next six to eighteen months. The experience Mr. Bob Conti, President of JoyFull Genius, has in the entertainment and music industry is a clear advantage the company will have in this sector. Mr. Conti, the iconic multi-Platinum and Gold award-winning writer and producer who has worked with music legends throughout his 40-year career, along with his knowledge of the industry will cut a clear path for the company to prosper for many years and add revenue as it relates to all elements and aspects of the entertainment industry. We're looking forward to having Mr. Conti and JoyFull Genius as part of our company," stated Mr. Paul D. Lisenby, CEO of XTend Medical.
Mr. Bob Conti, President of JoyFull Genius, added, "The ability to work with the executives at XTend as well as being part of a growing company is exciting. The projects we're currently working on and have in development will no doubt grow much more rapidly. 'The Genius of' series of music will continue to grow and we'll add more Grammy-winning artists to the mix. In addition, our film and television projects can be produced in shorter time frames and released sooner than expected thereby allowing us to continue developing media that can be sold throughout the world."
About XTend Medical
XTend Medical/MultiCorp International, Inc. is a company that operates its core business in the medical field but will also have divisions within the company in varying business sectors. The company will continue to capitalize on growth sectors with solid business models and management that have the potential to grow exponentially. For further information please contact them at [email protected]
About JoyFull Genius
JoyFull Genius, Inc. is a full-Service Music and Entertainment Production Company. From production to final distribution, our award-winning composers and producers can and will create everything from Orchestral to Rock, Jazz, Country, World and everything in between. Original scores, corporate applications, the production of music or the performance of... If it has anything to do with music or entertainment, it should be a Joyfull Production. It's not just what we do; it's what we love to do. For further information on JoyFull Genius, please visit their website at www.joyfullgenius.com
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
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