NexHorizon Communications, Inc. (OTCPink: NXHZ) (the "Company") Reorganization Update - Election to file a Super 10K, specifically, a combined filing of annual reports for calendar years 2010, 2011, 2012, and portions of year 2013.
With over 300 shareholders, quarterly and annual reports are required for back years, but the Super 10K election covering three years, while costly, provides significant savings by not needing to file for earlier years and still satisfies the requirements.
Company President, Jeff Krupka, says, "By April 30, 2013, we plan to announce the time-line for the Super 10K filing and an engaged audit firm selected to complete the Super 10K filing, and likely, all future SEC filings."
News on the investor relations and financing fronts, the Company also announced the following news:
Website - domain name - OTC Markets - While business plans and other developments may necessitate a company name and trading symbol change, NexHorizon will use the www.nexhorizoninfo.com domain name (website) for the foreseeable future. In concert with the new website, branding, logo, design and image plans are being decided, but visitors should watch for the installation of a high quality website module featuring the very best design and layout of stock price quotes, charts and company press releases. In addition to typical content and company information, NexHorizon is considering the addition of Level II stock price quote reporting, a service especially valuable to investors in actively traded stocks to better assure that shareholder orders are filled at the best possible prices.
Investor relations - NexHorizon is discussing software licensing and development possibilities for the publishing industry, and though there are no definitive agreements in place at this time, it is believed that an entre into the publishing industry that would include a "value added" component would be ideal for NexHorizon, by utilizing Jeff Krupka's previous code design and general intellectual property ("IP") for rights and transfers of the same. This prior experience should be valuable to NexHorizon in cases where the Company must engage professionals in this area, or in current discussions for plans to negotiating rights to IP and in current discussions with software (IP) owner and resellers in the publishing industry.
Financing for reorganization - The reorganization process is both costly and time consuming, but the financing and management services provided by Southwest Consulting Associates, Inc. frees NexHorizon to focus on "value added" business acquisitions, debt settlements, and other matters to enhance shareholder value.
Be sure to subscribe to our website newsletters to get the latest press releases and feel free to call me directly at either 303-469-3051 or cell phone 213-321-9858
Jeff Krupka, PresidentNexHorizon Communications, Inc.
"Postscript to Press Release"
Added thoughts from Jeff Krupka - Regarding Southwest Website www.otcexperts.com
"In managing and financing reorganization projects, such as NexHorizon, and in our general travels and business dealings, etc. we come across some interesting opportunities and trends. Right now, our team is collaborating on the development and build-out of our Southwest website. Please check back from time to time for new projects, investment thoughts and opportunities. We may also have a place (forum or blog) to share your thoughts and ideas."
Forward-Looking Statement This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that such forward-looking statements involve risks and uncertainties, which include among others, the inherent uncertainties associated with smaller reporting companies, including without limitation, other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
General contact information: Jeff KrupkaPresidentNexHorizon Communications, Inc. www.nexhorizoninfo.comP: 303-469-3051F: 303-469-3054Mailing address: 1140 US Highway 287, Suite 400-305,Broomfield, Colorado 80020
SOURCE Nexhorizon Communication, Inc.
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