Business News • MarketWire • MyFreightWorld.com Announces Definitive Agreement to Acquire Cheap Online Shipping.com |
MyFreightWorld.com Announces Definitive Agreement to Acquire Cheap Online Shipping.com |
|
|
MyFreightWorld.com Announces Definitive Agreement to Acquire Cheap Online Shipping.com
OVERLAND PARK, KS--(Marketwire - January 8, 2010) - The myFreightWorld.com division
www.myFreightWorld.com of Anything Brands Online (PINKSHEETS: ANYT)
announced today the completion of a Definitive Agreement, giving
myFreightWorld exclusive rights to acquire Cheap Online Shipping.com, LLC
(Nevada) www.CheapOnlineShipping.com.
J. Michael Head, CEO of Anything Brands Online and MyFreightWorld, stated
that terms and conditions for acquisition are based on a 12-month
performance term. CheapOnlineShipping.com must achieve minimum revenues of
$5 million during the term in order to receive compensation of one million
restricted shares of Anything Brands Online and a $100,000 cash-deferred
payment to the partners of CheapOnlineShipping.com. Revenues exceeding $10
million with significant profit margins will create an additiona
View More : http://www.marketwire.com/mw/release.do?id=1099380&sourceType=3
|
|
|