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IRIDIUM HOLDINGS: Nexia Holdings Inc. ? STOCK ALERT |
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October 16, 2006 |
IRIDIUM HOLDINGS: Nexia Holdings Inc. – STOCK ALERT
TORONTO, ON -- October 16, 2006 – Iridium Holdings (“Iridium”) is pleased to announce the addition of Nexia Holdings Inc. (OTCBB: NEXH) into its portfolio of publicly traded companies that are analyzed as STRONG BUY and recommended for significant positive interim price movement to its global community comprised of over 200, 000 active members.
Profile of Nexia Holdings Inc.:
Nexia Holdings, Inc. (OTCBB: NEXH) could be one of those rare opportunities. NEXH’s exceptionally low priced trading range is key to huge gains. NEXH is a diversified holding company with operations in real estate, health & beauty, and fashion retail. Nexia’s long term goal is to raise its top line revenues to $50,000,000 annually. NEXH’s focus, management team, and business model bear this out.
Financial Highlights
• $50 million gross revenue goal by 2009.
• 50 projected new locations for retail division by 2009.
• Increased retail revenues by 870% from August 2005 to August 2006 ($113,691 to $1,103,206).
• Posted $1.3 million profit in the second quarter of 2006.
• The entire market cap is $2.1 million which is less then Nexia’s net equity estimated at $4 million.
• Certified Financial Report with a one year target price of $.0016 which is more than a 500% increase from its current trading levels.
We strongly recommend you to put NEXH on your radar screen now. NEXH is poised for Explosive Returns! $10,000 invested in NEXH today could yield $50,000 to $100,000 in the coming months. Getting in ahead of the crowd is essential to realizing huge gains. Don’t miss out!
About Iridium Holdings:
Iridium Holdings (Iridium) is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. Iridium is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. Iridium’s goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation.
We offer many investor relations programs to public companies. To feature a company in one of our reports, please call us at (647) 477-8128 or visit our website at:
http://www.iridiumholdings.com/
Disclaimer:
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Iridium undertakes no obligation to update such statements.
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Press Release Summary
Iridium Holdings (“Iridium”) is pleased to announce the addition of Nexia Holdings Inc. (OTCBB: NEXH) into its portfolio of publicly traded companies that are analyzed as STRONG BUY and recommended for significant positive interim price movement to its global community comprised of over 200, 000 active members.
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