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JUPITER Global Holdings, Corp. Announces Filing of Form 8-K/A Current Report With Audited Financials of Macro Communications, Inc.
LAS VEGAS, NV -- (MARKET WIRE) -- 04/17/06 -- JUPITER Global Holdings, Corp. ("JUPITER" or the "Company") (OTC: JPHC) today proudly announces it recently filed with the U.S. Securities and Exchange Commission an amended Form 8-K /A Current Report disclosing the audited financial statements of Macro Communications, Inc. ("Macro") for the periods ending December 2003 and December 2004. The amended Current Report also includes the required unaudited proforma financial information that now includes the acquisition of Macro.
In the month of September 2005 JUPITER completed its acquisition of Macro, a US-based telecom services company. JUPITER believes this amended filing completely supports the conclusion that JUPITER is now on its way to being a business with sufficient sales and assets to eventually achieve meaningful earnings per share and to continue to build value for its shareholders.
The amended Current Report confirms Macro's audited revenues of $18,808,567 for the period ended December 31, 2003, $ 11,871,442 for the period ended December 31, 2004 and unaudited revenues of $4,754,684 for the period ended June 30, 2005. Further details disclosed in the amended Current Report can be found in the aforementioned amended Form 8-K/A Current Report.
Our recent Form 8-K filing continues Management's plans and objectives for the Company to finalize its reporting obligations following the acquisition of Macro in September 2005 and it facilitates our continuing discussions that Management believes will result in a material transaction with a potential acquirer/merger candidate. Management further believes that such discussions have recently progressed to a level where the Company now anticipates the successful completion of a transaction within the very near term.
Although Management is encouraged and remains optimistic at this stage of the discussions, no assurances can be given that an acquisition or merger transaction will be agreed to by the parties or that such a transaction will be approved by our shareholders, if required.
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries. JUPITER plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.
Statements contained herein that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause JUPITER Global Holdings Corp. actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in JUPITER Global Holdings Corp. applicable public filings on record with the U.S Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov
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