Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
VuQo Holdings Corp CEO Issues an Open Letter to Shareholders

NEW YORK, NY -- (Marketwire) -- 02/06/13 -- VuQo Holdings Corp. (PINKSHEETS: VUQO) today issued a letter to shareholders from the company's CEO, Rolando Sianghio, to update shareholder on the progress company has made and future plans.

Dear Shareholder,

Let me start off this letter by reassuring our shareholders that VUQO Holdings Corporation ("VUQO") remains sustainable and that the diversified team is intact and working diligently to enhance the work of the company for the benefit of our shareholders. This year promises to be an exciting time for our company, and we intend to inform our shareholders and potential investors regularly of our progress as we move aggressively and diligently in the implementation of our business plan.

Evidently, VuQo Holdings subsidiary VuQo Beverages Inc. and El Coco Wine had significant opportunities and assets to perform on its business plan and generate revenue. For various reasons, this was not happening at the rate that was expected. It seemed to me that the previous management focused on large opportunities with a prolonged sales cycle that have not yet turned into revenue. This strategy did not do as well as we expected for our stock price. Presently, we are reorganizing and redirecting the company. In an effort to advance this turnaround, we announced that Waste Management Asia Corporation ("WMAC") has been acquired by VuQo as a wholly owned subsidiary. Through this acquisition, we picked up a number of benefits including tremendous marketing resources, an integrated platform, key personnel, revenue and assets.

To date, WMAC has 25 active city and provincial distributors who undertake the responsibility of meeting and negotiating with the local government officials who are eagerly looking for new solutions to their growing waste disposal problems. As a result of numerous conditions, the Board believed that it was in the best interest of both parties, VuQo Int'l Beverages, Inc. and El Coco Wine and Spirits, Inc., as well as the shareholders of VuQo, to become separate individual entities so that they can optimize their respective business goals, research initiatives and capital requirements. It is for these reasons that the Board has authorized spin-off the assets of VuQo Int'l Beverages, Inc. and El Coco Wine and Spirits, Inc. to the shareholders of VuQo by way of a partial liquidating dividend. Shareholders of VuQo will become shareholders of the two spun-off corporations without any action required on their part. The record date, pay date and pay rate will be determined at a later time.

In a press release dated, December 13, 2012, we stated that El Coco Wines and Spirits Distillery and VuQo Beverages would be spun off as private entities. We would like to clarify and correct this statement. They will be spun off to the shareholders of VuQo, but not publicly traded at the time of the spin-off. In essence, they will be publicly held, but not publicly traded at the time of the spin-offs.

WMAC has continued to pursue possible sources of funding with great success. Current efforts are opening new opportunities that are leading to emerging long term contracts in key cities in Asia projecting $7.6 million a year. We also have prospects in countries like China, Japan and Africa. This year, our goal is to create systems called Build-Operate-Own Tipping fee. This new approach will establish 10 to 25 year term contracts, which will provide better economies of scale for the cities, and increased profits to VuQo. This will help reduce costs to cities by creating profit centers from their waste ensuring sustainability of high quality waste disposal. It is expected that after a year's operation, the early profits can be reflowed for a second installation and, therefore, a continuous follow-up and closing of the other cities and town MRCF (Materials Recovery with Composting Facility) projects. In reality, we are capable of entering 850 out of 1,700 cities in the Philippines, which, at this time, is estimated to amount to $897 million in revenue with a price per share value of above $10 tantamount to the industry's standard.

I am certain that by continuously adding that asset base to our company, we will get the attention of investors that may help VuQo stretch its target liquidity reaching squeeze-trigger price and influencing a considerable buy-in that could toss our stock up and increase our market cap. I am working hard on all fronts and doing everything that I can to make your investment in VUQO a successful one.

We look forward on updating you on our progress and would like to say a heartfelt thank you for your trust and support and look forward to communicating with you again soon.

Sincerely,
Roland Sianghio
CEO, Vuqo Holdings

Contact:

Boventures Inc.
Investor Relations
877-377-9809

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is ...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and deli...

"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focu...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE