Jan 07, 2008 11:08 ET
Greater Sooner Holdings, Inc. Announces Acquisition and Reverse Merger of Dovarri, Inc.
HOUSTON, TX--(Marketwire - January 7, 2008) - Greater Sooner Holdings, Inc. (PINKSHEETS: GSNH) (FRANKFURT: G3S) announced today that it has signed a definitive acquisition agreement to acquire 100% of Dovarri, Inc. (PINKSHEETS: DVAR). The name change has been completed to Dovarri, Inc. and the new symbol is DVAR.
Shareholders of Greater Sooner Holdings, Inc. will receive one (1) share of Dovarri, Inc. for One Hundred Fifty (150) shares of Greater Sooner Holdings, Inc. Dovarri's common stock has begun trading on a split-adjusted basis today, January 7th. The authorized shares have been increased to 150,000,000 common and 1,000,000 preferred.
The value of the stock traded on the Frankfurt Exchange (FRANKFURT: G3S) will be automatically adjusted after a reverse split in the USA.
Known for its forward-thinking, Dovarri, a long-term Strategic Partner with Hewlett-Packard (HP), presents fully developed CRM and SFA software that is comprehensive, with streamlined customer interaction, rapid implementation, and award winning recognition as SEARCHCRM.com's SFA Small and Medium Business Product of the Year (2005). HP has recognized Dovarri's superior products and service for several years, and recommends Dovarri to their SMB CRM customers (www.hp.com/sbso/wireless/sales_force_automation.html).
For more information about Dovarri, Inc. go to www.dovarri.com
Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Dovarri, Inc., (the "Company"), as well as those contained herein, that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the Company's strategies regarding growth and business expansion, including future acquisitions; (b) the Company's financing plans; (c) trends affecting the Company's financial condition or results of operations; (d) the Company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the Company's ability to respond to changes in customer demand and regulations. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.