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TOPIC: VTOR now VTRR

VTOR now VTRR 13 years 1 month ago #796

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[Reverse Merger...]
MONTREAL--(BUSINESS WIRE)--VTRR--
Vectoria (OTCBB: VTRR) today announced that it had
signed a Letter of Intent to acquire 100% of the outstanding shares of
Satelinx Security Tracking Inc. a security technology company
specializing in satellite global positioning asset tracking.
Under the terms of the letter of intent, Vectoria will issue
22,000,000 restricted shares against 100% of the outstanding stock of
Satelinx. Vectoria will also continue to restructure the corporation
in order to settle all outstanding liabilities, restructure the
capital stock of the corporation, make current in its filing with the
Securities and Exchange Commission and seek re-listing on the NASD OTC
Bulleting Board. The companies intend to sign a definitive agreement
by Friday August 27, 2004.

About Statelinx

Satelinx Security Tracking Inc., provides satellite vehicle
tracking units that integrates GSM/GPS/GPRS wireless technologies and
the Internet to deliver wireless vehicle tracking and location
services. Satelinx seeks to be recognized as the world leader in
providing safety and security solutions on a global scale in a cost
effective manner for vehicle owner, trucking or private vehicle fleet
and insurance companies.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements
of historical facts are forward-looking statements which contain our
current expectations about our future results. Forward-looking
statements involve numerous risks and uncertainties. We have attempted
to identify any forward-looking statements by using words such as
"anticipates", "believes", "could", "expects", "intends", "may",
"should" and other similar expressions. Although we believe that the
expectations reflected in all of our forward-looking statements are
reasonable, we can give no assurance that such expectations will prove
to be correct.
A number of factors may affect our future results and may cause
those results to differ materially from those indicated in any
forward-looking statements made by us or on our behalf. Such factors
include our limited operating history; our need for significant
capital to finance internal growth as well as strategic acquisitions;
our ability to attract and retain key employees and strategic
partners; our ability to achieve and maintain profitability;
fluctuations in the trading price and volume of our stock; competition
from other providers of similar products and services; and other
unanticipated future events and conditions.



KEYWORD: NEW YORK
INDUSTRY KEYWORD: BANKING BANKING MERGERS/ACQ
SOURCE: Vectoria Inc.


CONTACT INFORMATION:
Vectoria Inc.
Jean-Francois Amyot, 514-448-2226
or
Satelinx Security Tracking Inc.
Nick Anthis, 514-332-2523
www.satelinx.com
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VTOR now VTRR 13 years 1 month ago #795

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[News...]
MONTREAL, Aug 25, 2004 (BUSINESS WIRE) -- Vectoria (OTCBB: VTRR) today
announced its plan to restructure the company to enable management to identify
and conclude a reverse merger with an operating company.

Under the restructuring plan, the company will settle all outstanding
liabilities and restructure the capital stock of the corporation. The company
first proceeded with an initial reverse split of 6:1, which was effective on
August 23, 2004 and the ticker symbol was changed from (VTOR to VTRR).
Management will undertake to bring the company current with its regulatory
filings and intends to re-list the company's stock on the NASD OTC-BB.

Mr. Jean-Francois Amyot has joined the board of Vectoria to complete the
restructure. Of the company Mr. Amyot is the Senior General Partner of
Finkelstein Capital Inc. a corporate finance advisory firm specializing in the
SmallCap market.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical
facts are forward-looking statements which contain our current expectations
about our future results. Forward-looking statements involve numerous risks and
uncertainties. We have attempted to identify any forward-looking statements by
using words such as "anticipates", "believes", "could", "expects", "intends",
"may", "should" and other similar expressions. Although we believe that the
expectations reflected in all of our forward-looking statements are reasonable,
we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to
differ materially from those indicated in any forward-looking statements made by
us or on our behalf. Such factors include our limited operating history; our
need for significant capital to finance internal growth as well as strategic
acquisitions; our ability to attract and retain key employees and strategic
partners; our ability to achieve and maintain profitability; fluctuations in the
trading price and volume of our stock; competition from other providers of
similar products and services; and other unanticipated future events and
conditions.

SOURCE: Vectoria


CONTACT: Vectoria
Jean-Francois Amyot, 514-448-2226
This email address is being protected from spambots. You need JavaScript enabled to view it.

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VTOR now VTRR 13 years 1 month ago #794

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[VTOR now VTRR]
VTOR (now VTRR) did a 1 for 6 reverse split on 8/24/2004. Per their last SEC Filings (9/24/2003), they were a shell looking for a reverse merger.

OTCBB Reverse Split info

SEC Filings
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