SOURCE: Centra Capital Corp.

October 22, 2007 09:28 ET

Centra Capital Corporation (OTC: CENC) Announces It Has Entered Into a Letter of Intent

LAS VEGAS, NV--(Marketwire - October 22, 2007) - Centra Capital Corporation (PINKSHEETS: CENC) today announced that it has entered into a Letter of Intent with a potential merger partner. A full due diligence package is expected within the next three days.

Should the due diligence be as represented, and Centra, based on conversations and meetings to date expects that it will be, Centra expects to set a record date for a shareholders meeting within the next ten to twenty days. This is a part of the second phase of Centra's growth with the goal of maximizing shareholder value.

About Centra Capital Corp.

Centra Capital Corp. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with other companies to create value for its shareholders.

For more information available to the public, contact the investor relations department at 949-266-5539.

Forward-Looking Statements

This news release contains forward-looking statements made by Centra Capital Corporation in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Company Contact:
    Corene Dion-King
    Director and President
    Centra Capital Corporation