SOURCE: Parafin Corporation

ParaFin Corporation

October 08, 2012 15:28 ET

ParaFin Corporation's 25% Partner, Resource Development Group Inc., to Examine the Legal Claims of ParaFin Corporation to the $1.6 Billion ING Bank N.V. Bearer Bonds Held by ParaFin Corporation

LOS ANGELES, CA--(Marketwire - Oct 8, 2012) - ParaFin Corporation (PINKSHEETS: PFNO): (ISIN: US69912M4006) USA - The Resource Development Group, Inc. (RDG) has informed ParaFin that "RDG has instructed its attorneys to examine the legal claims of ParaFin Corporation to the $1.6 billion ING Bank N.V. Bearer Bonds. The Resource Development Group, Inc. will inform ParaFin in the near future about their intended procedures and will have their legal department represent the interests of ParaFin Corporation; and,

RDG is internationally oriented and active as an advisory and investment company. RDG develops new business concepts for the economy and public infrastructures. RDG offers, as an independent advisor, know-how and capital for start-up companies as well as small businesses and develops investment concepts for the financial service sector, banks, reinsurers and pension funds."

The website of Resource Development Group, Inc. is www.resource-development-group.com 

ParaFin Corporation

Disclaimer
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the Companys Form 10-KSB and Annual and Quarterly filiungs with www.Pinksheets.com and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

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Contact Information

  • ParaFin Corporation
    5190 Neil Road, Suite 430
    Reno, Nevada USA 89502
    e-Mail: ceo@parafincorp.com
    Web: parafincorp.com
    (213) 985-3136