Interlink Global Raises $1.5 Million for Expansion
Proceeds to be Used for Continuing Latin American Expansion
MIAMI--(BUSINESS WIRE)--Interlink Global Corp. (OTC:ILKG - News) today announced the completion of a private placement with an institutional accredited investor raising $1,500,000. The Company issued the investor a Senior Secured Convertible Debenture and Warrants.
Anastasios Kyriakides, Chairman of Interlink in discussing the new funding stated: "We are most appreciative of the continuing confidence placed in us by Midtown Partners and our core investors who continue to support the implementation of our business plan. We have completed several key acquisitions this past year, which not only accrued to our projected earnings, but also resulted in the advancement of substantial assets and shareholders equity, along with management talent which has been added to our senior management team." Mr. Kyriakides further stated, "The proceeds of this new funding will further implement the ongoing development of Interlink's Latin American Telecommunications Network."
The funding has been arranged via a private placement by Midtown Partners & Co., LLC of Tampa, Florida. Midtown Partners & Co., LLC is a member NASD & SIPC Broker/Dealer specializing in matching equity.
About Midtown Partners & Co.
Originally founded in May 2000, Midtown Partners & Co., LLC is an investment bank focused on private placement investment banking opportunities. The investment banking group at Midtown Partners & Co., LLC was founded on the premise that client relationships and industry focus are keys to the success of emerging growth companies. Such companies require investment banking services from a firm with a unique understanding of the marketplace and the nature of these transactions. Additional information can be found at http://www.midtownpartners.com.
About Interlink Global
Interlink Global (OTC:ILKG - News), founded in 2002, provides telecommunication solutions around the world. As a leader in hosted VoIP telephony services, Interlink Global is currently doing business in North America, South America, the Middle East, and, soon in the Pacific. Interlink Global provides SIP-based broadband telephony solutions, WiFi applications, IV-PBX (Interlink Virtual PBX), Videophone Services, and other enterprise solutions, nationally and internationally. Interlink Global, using VoIP technology, provides long distance telephone services, with full features, at prices that are greatly reduced in comparison with traditional telephone companies. For more information about Interlink Global's products and services, please visit: http://www.b2i.us/irpass.asp?BzID=1287&Nav=1&S=0&L=1.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes", "looking ahead", "anticipates", "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forwardlooking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Contact:
For Interlink Global Corp., Miami
Redwood Consultants, LLC
Jens Dalsgaard, Managing Director, 415-884-0348
Fax: 415-884-0361 JNSD@aol.com www.redwoodconsultants.com
or
Interlink Global Corp.
Stephan M. Gardner, 305-261-2007 www.interlink-global.com
