Press Releases
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CHICAGO, July 10, 2010 Wyncrest Group Looks to Acquire Florida Insurance Consulting, LLC |
| The Wyncrest Group, Inc. (Pink Sheets: WNCG) today announced it's looking to acquire Florida Insurance
Consulting, LLC. The Wyncrest Group, Inc. (WNCG.PK) today announced that it has signed a Non Disclosure Agreement signaling the initial steps with the intent of acquiring Florida Insurance Consulting, Bartow Florida. A letter of intent will follow within 30 days, followed by the due diligence process with expectations to complete the acquisition in the 3rd quarter of 2009. Keith Lanzara, President of the company, commented, "The new direction Wyncrest is taking will include the continued acquisition of insurance and financial businesses that bring synergy and increase Wyncrest's national client base with market driven products that complement our niche offshore insurance products. Our long-term strategic goals are to keep all investments from which premiums are compounded, invested in Green Energy investments. In light of the difficult economic environment, and the US administration mandating bio fuels and green energy alternatives, we believe green energy is a growth industry that will be good for Wyncrest investors and the environment alike." |
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