DORAL, FL, United States, via eTeligis Inc., 05/14/2014 - - In Ovations Holdings, Inc.(OTC Pink: INOH) (PINKSHEETS: INOH) (the "Company") announces ithas bought back a total of 600 million shares of the Company's Common Stock Shares. Those Shares have been retired back to the Companies Treasury.
The Chief Executive Officer Mark Goldberg, said, "The Company is focused on several projects which are expected to be profitable. By reducing the number of outstanding Shares, in the event our projections are actualized the Company would generate meaningful earnings per share."
About: In Ovations Holdings, Inc.
In Ovations Holdings, Inc. is pursuing several potential opportunities. Its subsidiary, Electro Verde, Inc. is marketing, in conjunction with CSI the patentedGradiLuxTotal Lighting System Solution which reduces electricity consumption and carbon emissions in municipal lighting systems worldwide. The Company is also involved in a Caribbean-based marine-related eco-tourism business and ocean search and recovery operations using state-of-the-art technology. Finally, it is a minority owner of Atmospheric Water Solutions, a company involved in water purification.
Safe Harbor Statement:
Under the Private Securities Litigation Reform Act of 1995 this press release may contain certain statements that are not descriptions of historical information, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements refer to matters that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.
Public / Investor Relations:
William A. Young Sr.
SOURCE:In Ovations Holdings, Inc.