DayStar Technologies, Inc. (DSTI) Acquires $15 Million of Salamon Group Inc.'s (SLMU) Debt
JUL 10, 2012 - 16:11 ET
FOR: SALAMON GROUP, INC.
LAS VEGAS, NV--(Marketwire - July 10, 2012) - Salamon Group, Inc. (
The debt owed to Michael Matveishen, CEO of Salamon Group, and his assignees, was acquired by DayStar Technologies, Inc. Terms of the debt will not change and are based on the original terms and conditions committed to by Mr. Matveishen and Salamon Group, Inc. Under the terms of the purchase Mr. Matveishen will receive debt in DSTI.
Mr. Matveishen stated: "The logic of the debt purchase reflects the ongoing and similar business interests of both DSTI and SLMU. This development, I believe will serve the best interests of shareholders in both companies."
For further information about this release contact William Nalley, The Orsay Groupe, Inc., #305-515-8077 and/or email: firstname.lastname@example.org.
About Salamon Group, Inc.
About DayStar Technologies, Inc. (DSTI)
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