UPDATE -- Link Reservations announces a Change of Control

Rhea-AI Summary

Link Reservations Inc. (LRSV) announced that Mr. Joe Gutierrez has acquired a majority of its outstanding shares from Rene Lauritsen. Following this transaction, Gutierrez was elected as President and Director, while Lauritsen resigned from all company positions. Mr. Gutierrez, aged 46, has experience in various industries and serves as President of a logistics business in Miami.

The company has issued a disclaimer regarding forward-looking statements and cautions investors about risks and uncertainties that may impact future financial performance.

Positive

• Joe Gutierrez purchases a majority stake, indicating potential for strategic change.
• Appointment of Gutierrez as President may bring fresh leadership and direction.

Negative

• Departure of Rene Lauritsen could signal instability in governance.
• Uncertainty around future financial performance as indicated in forward-looking statements.

AVENTURA, Fla., March 22, 2022 (GLOBE NEWSWIRE) -- Link Reservations Inc.  (“LRSV”) (OTC PINK: LRSV) announced today that Mr. Joe Gutierrez purchased a majority of the outstanding shares of common stock of the Company from Rene Lauritsen. In conjunction with the closing of the sale, the Company’s then Board of Directors elected Mr. Gutierrez as President and a Director of the Company and Mr. Rene Lauritsen, then the only other director of the Company, resigned from all positions held in the Company.

Mr. Gutierrez, age 46, has interests in several private businesses in various industries and currently serves as the President of a national logistics business based in Miami, Florida.

Company contact: Donald Bell - Investor Relations Director – Donald@Globalelogistics.com Office. 954-302-2296 Ext 120 - www.Globalelogistics.com

Forward-Looking Statements & Disclaimers:
The information in this Press Release may include certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

FAQ

What recent changes occurred in Link Reservations Inc. (LRSV)?

Joe Gutierrez has acquired a majority of shares and was appointed as President and Director on March 22, 2022.

Who is the new President of Link Reservations Inc. (LRSV)?

Mr. Joe Gutierrez is the newly elected President and Director of Link Reservations Inc.

Why did Rene Lauritsen resign from Link Reservations Inc. (LRSV)?

Rene Lauritsen resigned from all positions following the sale of his shares to Joe Gutierrez.

What is the significance of Joe Gutierrez's acquisition of shares in LRSV?

The acquisition represents a shift in company leadership and potential changes in strategy.

What warnings did Link Reservations Inc. (LRSV) provide in their press release?

The company cautioned investors about risks and uncertainties that could affect future financial performance.