SOURCE: IAHL Corporation

March 17, 2008 00:02 ET

IAHL Corporation Announces Share Buy-Back Program

CAPE CORAL, FL--(Marketwire - March 17, 2008) - IAHL Corporation (PINKSHEETS: IAHL) announced today that its Board of Directors has approved a share buyback program of up to 8,000,000 shares. The shares will be purchased from the open market and in private transactions if the Company deems the price appropriate.

Peter Van Dyke, Chairman, said, "I believe that at current market price, the buyback of some of our stock will provide our shareholders with a better return on their investment based upon pending acquisitions. The pending acquisitions are extremely lucrative and will prove out my foresight."

Mr. Van Dyke also stated, "That the company will aggressively pursue all obtainable shares as it is certain that once certain acquisitions are completed, shares of his companies' stock will substantially increase in value."

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact Information

  • IAHL Corporation
    Investor Relations
    Phone: 239-277-3883
    Fax: 239-283-4843