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TOPIC: BISA - New Shell seeking to be reverse merged

BISA - New Shell seeking to be reverse merged 10 years 3 months ago #1260

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[BISA reverse merger announced]
HOUSTON, Texas, September 24, 2007 -- Baltic International USA, Inc. (BISA)announced today that the company has signed a letter of intent for its subsidiary, B-L Merger Sub, Inc. to acquire all of the stock of Miller Plating and Metal Finishing LLC ("Miller") in exchange for common stock of B-L Merger Sub. Miller specializes in plating metals such as magnesium, aluminum, zinc, copper, powdered metals, steel and various other substrates. This transaction is subject to the combined company obtaining financing agreeable to both Baltic and Miller and shareholder approval for both companies.

Baltic's chairman and CEO, Robert Knauss, stated, "Miller has been in business for over 90 years and has good potential for significant growth. We expect to complete this transaction by the end of this year through a reverse merger with our subsidiary. Our plan is to change our subsidiary's name to Miller and to spin-off a significant part of our interest in the subsidiary to our shareholders. We believe that this transaction with Miller will increase our shareholder value."

Miller's CEO, Russell L Scalfano, stated, "Our management team is excited about becoming a public company and having access to the potential financing opportunities that will enable Miller to reach its goals. Miller was formed to provide state-of-the-art plating and metal finishing. We are always trying to develop new plating and finishing processes for the future."

Miller has its principal offices in Evansville, Indiana. Miller has achieved ISO 9001:2000 certification to become one of a few plating shops in the United States to have this certification. Miller continues to service the needs of Ford, Chrysler and General Motors, as well as customers who supply after-market parts. Miller's homepage is www.millerplating.com.

Baltic is currently a public shell company and is reviewing various opportunities to increase shareholder value.

www.sec.gov/Archives/edgar/data/918545/0...000028/r8k092007.txt
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BISA - New Shell seeking to be reverse merged 10 years 10 months ago #1151

[BISA - New Shell seeking to be reverse merged]
Check this one out! Just started cleaning up it's act... here is the main link to the main 10Q-SB filing:

BISA - 10Q-SB Filing - 3/9/2007
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