SOURCE: Netco Investments, Inc.

March 30, 2011 09:31 ET

Netco Investments Inc. Corporate Update

BOCA RATON, FL--(Marketwire - March 30, 2011) - Netco Investments Inc. (PINKSHEETS: NCVT) -- With a business philosophy of "THERE ARE RICHES IN THE NICHES," 2011 will be an exciting year for Netco as the benefits of planning and the integrity of a completely new management team, have brought very special opportunities for NCVT shareholders.

The transition to a merchant bank, with a private equity focus on technology companies, has been completed. Netco CEO, Gary Freeman is an accomplished professional who was been instrumental in the successful transition and has instituted the ValueEnhancementProcess(VEP). This approach blends Netco's expertise in organization, operations and financial controls with the current needs and future plans of our partners and clients, thereby increasing value.

Gary Freeman commented, "It should be noted that our goal is to maximize shareholder value and so we will spin off or sell our holdings as our ValueEnhancementProcess (VEP) brings value recognition to our portfolio. We seek to invest at a wholesale price and monetize our assets as they approach retail or stand alone price." Netco management will update investors, in the very near future, regarding progress underway toward our goal of maximizing value with timely and prudent strategic investing.

Netco Corporate Secretary, Timothy J. Craft, Jr. is an attorney who specializes in Federal securities and has been a member of the Florida Bar for over 20 years. He has vast experience with both public and private companies in all aspects, including, but not limited to, domestic and international transactions and has served on numerous boards of directors; he also has expertise in dealing with State and Federal Governmental relations. Mr. Craft commented, "More often than not, businesses need to develop an innovative culture that encourages employees to solve more day to day challenges while allowing top executives to strategize and plan for the future. We take the time to help formulate a business plan, communicate it, review what's needed to help and listen to the feedback."

With an experienced management team and a solid foundation, Mr. Freeman concluded, "Investors will find this to be a unique opportunity to participate in the private equity sector."

Forward-Looking Statements -- Safe Harbor: Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission

Contact Information

  • Netco Investments Inc.
    PH 561 705 4803
    Ronald Stewart:
    I R /P R (305) 240 7960