ORION DHC, Inc. Acquires BGUARDED Security Company on Very Attractive Terms
August 29, 2012 09:24 ET
ORION DHC, Inc. Acquires BGUARDED Security Company on Very Attractive Terms
HENDERSON, NV--(Marketwire - Aug 29, 2012) - Orion Diversified Holding Co., Inc. (
ORION DHC, Inc. CEO Randy Hoff commented, "BGUARDED SECURITY is one of those solid companies we seek out to add to our team. I am very delighted to work with Ron and expand his company where he deems fit. He has years of experience and his private security patrols are getting more and more in demand as the economic situation around the globe deteriorates. Private security is a booming business as many local police departments have laid-off much needed officers. In addition, the issue with International waters Piracy is on the rise and contracts with ship owners and shipyards for cargo ship security is rising as well. Ron and BGUARDED SECURITY are fully licensed to run a 'posse' of armed Private Patrol Officers (PPO#16966) -- on land and at sea. The best part about this acquisition for ORION DHC shareholders is that Ron will remain onboard with ORION DHC as the RMO and manage his company as 'business as usual.' I see this new acquisition rewarding our shareholders not only monetarily but also with the satisfaction that BGUARDED will help protect innocent people in some very dangerous times."
The ORION DHC corporate website ([ www.ORIONDHC.com ]) will be updated with information regarding the new acquisition, and the ORION DHC logo will be added to an updated [ www.BGUARDEDSECURITY.com ] website in the coming days.
ORION DHC, Inc. last traded at $1.35 per share.
About ORION DHC, Inc.
ORION DHC, Inc. is a publicly traded holding company actively seeking attractive investments and utilizing time-tested value investing principles to grow its corporate holdings. The corporation targets licensable intellectual property, equity assets, entertainment assets, real estate and divisions in various stages of development.
Media Inquiries or Questions? Contact INVESTOR RELATIONS: [ executive@oriondhc.com ]
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