Forward-lookingstatements are subject to certain risks and uncertainties that could causeactual results to materially differ from
June 16, 2010 by admin
Filed under Entertainment
Forward-lookingstatements are subject to certain risks and uncertainties that could causeactual results to materially differ from the Fund`s historical experience andits present expectations or projections indicated in any forward-lookingstatement. These risks include, but are not limited to, changes in economic andpolitical conditions; regulatory and legal changes; energy industry risk;commodity pricing risk; leverage risk; valuation risk; non-diversification risk;interest rate risk; tax risk; and other risks discussed in the Fund`s filingswith the SEC.You should not place undue reliance on forward-looking statements,which speak only as of the date they are made. The Fund undertakes no obligationto publicly update or revise any forward-looking statements made herein. Thereis no assurance that the Fund`s investment objectives will be attained.KA Fund Advisors, LLCMonique Vo, 877-657-3863 http:// Business Wire 2009. Results Show Profit for First Time in Company`s HistoryLAS VEGAS–(Business Wire)–OBN Holdings, Inc. (Pink Sheets: OBNI) today announced the filing of its AnnualReport for 2008, and that the company posted a profit for the first time sinceinception. The statements reveal that the company generated revenue of $2million for 2008, compared to $0 for the prior year; with net income of $23,000for the period, compared to a $2 million loss for 2007.
Moreover, theshareholder equity totaled $5 million for 2008, compared to a deficit of $1million for 2007. “We are extremely proud of our results,” stated Roger NealSmith, OBN Holdings President and CEO. “Our efforts are beginning to pay off.However, we are not taking time out to sit back and admire what we have done. Weare inspired to work even harder for our shareholders.” About OBN HoldingsOBN Holdings is engaged in acquiring and developing businesses worldwide. Thecompany has interests in a diverse number of industries, includingentertainment, manufacturing, technology and business services. OBN isinternationally diversified with offices and subsidiaries in the United States,Hong Kong and Japan.
For latest SEC filings, go to the company`s web site at andclick on the “Investor Info” heading. Information about OBN Holdings Japan canbe found at , and information about OBN Holdings Hong Kongcan be found at Periodic updates can be seen on theCEO`s Blog at OBN Holdings, Inc.: 8275 South Eastern Avenue, Suite 200, Las Vegas, Nevada89123. (702) 435-0544 This press release does not constitute an offer to sell or the solicitation ofany offer to buy any securities of OBN Holdings, nor shall there be any sale ofany such security in any state in which such offer, solicitation or sale wouldbe unlawful prior to the registration or qualification under the securities lawsof any such state. Forward looking statements: This press release and otherstatements by OBN Holdings may contain forward-looking statements within themeaning of the Private Securities Litigation Reform Act with respect to theoutlook for earnings and revenues, other future financial or businessperformance, strategies and expectations. Forward-looking statements aretypically identified by words or phrases such as “believe,” “expect,”"estimate,” “potential,” or future/conditional verbs such as “will,” “should”and “could.” OBN Holdings, Inc.Susan Johnson, 702-938-0467 Copyright Business Wire 2009. (Adds Israeli Arab lawmaker demands minister resign, para 5) JERUSALEM, June 17 (Reuters) – An Israeli cabinet minister apologised on Wednesday after being caught by television cameras using a derogatory term for Arabs.