SOURCE: Vencor International

November 04, 2014 11:12 ET

Vencor International, Inc. Reduces Debt by Over Six Million Dollars

New Management Moves Company to Top Tier of OTC Pink Markets and Implements New Strategy for Growth

BOULDER, CO--(Marketwired - Nov 4, 2014) -  VENCOR INTERNATIONAL, INC. (PINKSHEETS: VCOR) is pleased to announce it has reduced its debt by $6,280,571, leaving the Company with only $13,000 in debt. Vencor International's new management team felt it was imperative to decrease the amount of debt on the books of Vencor International to increase shareholder value and position the Company for success as it moves into a new industry.

Vencor International, Inc. would also like to announce its entrance into the alternative energy sector and its success on obtaining OTC Pink status with the OTC Markets. Vencor's new management is committed to growing the Company and increasing shareholder value.

Vencor's new management team will hold a nationwide teleconference call to update shareholders on the new direction the Company is taking and the events that are occurring within the Company. Management was successful in significantly reducing the Company's debt and has been working with its SEC attorney to keep the Company compliant with the OTC Markets. Details of the teleconference call will be provided in the next few days.

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.

Contact Information

  • CONTACT:
    Vencor International, Inc.
    303-476-9998
    Email Contact
    vencorintl.com