|By Marketwired .||
|May 28, 2014 05:42 PM EDT||
COLUMBUS, OH -- (Marketwired) -- 05/28/14 -- LD Holdings, Inc. (OTCQB: LDHL)
President and CEO of LD Holdings, Inc. (OTCQB: LDHL), John Ayling, is pleased to announce that the company has received a formal LOI to commit up to $10 million (line of credit) from a qualified institution to pursue its business acquisitions of quality "Baby Boomer" owned businesses which will be poised for sale and wealth generation over the next 20 years. John Ayling is quoted as saying, "I am enthused that we have taken one of the first big steps in accelerating our efforts to target the best of up to 25 million companies coming of age in the 'Baby Boomer' era. In my opinion, this is an unprecedented 'capture of wealth' opportunity for small businesses in the history of our country. This secured line of credit facility will form the debt requirements the company needs to complete its first three acquisition targets which will total 16 million sales and 2.3 million EBITDA."
LD Holdings, Inc. is in the business of acquiring profitable Baby Boomer owned businesses with $2M - $20M in revenues, quality management and personnel, brand equity and the expectation of building a portfolio yielding venture capital returns without venture capital risk. The LD Holdings business model targets a large business-owning segment of the population, which it believes is financially underserved in these unusual economic times. The Company plans to execute a similar growth and acquisitions strategy used by well-known public companies like Berkshire Hathaway (BRK) and other large cap institutions.
Notice Regarding Forward-Looking Statements This news release contains "forward-looking statements." Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the Company's expectations of sales based on new hires. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.