Crystal Properties Holdings, Inc. Targets Self Storage Facilities for Purchase
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LOS ANGELES, CA, Nov 02 (MARKET WIRE) --
Crystal Properties Holdings, Inc. (PINKSHEETS: CPHG) announces they are
targeting self storage facilities to purchase at a discount to generated
positive cash flows for the Company. The present economic conditions that
exist nationwide are increasing the demand for rental facilities as
individuals and families downgrade their living facilities and need
additional storage space for their possessions.
Peter Anello, president of Crystal Properties stated, "The Company is in
negotiations with StorRite, LLC to help with the feasibility studies that
lead to the location of choice self storage facilities available at a
discounted prices. Once purchased, StorRite would manage the self storage
facilities under the StorRite program and policies."
About Crystal Properties Holdings, Inc.
The Company is focused on aggressively purchasing and selling discounted
real estate, real estate portfolios and underdeveloped properties from
individual investors, financial institutions, developers and banks.
For Additional Information, go to the Website: www.crystalhg.com
This press release contains certain "forward-looking statements" within
the meaning of federal securities laws including the use of the words
"expect," "anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and similar
expressions. Although the Company believes that the statements were
reasonable when made, these forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause
actual results, performance, or achievements of the company to be
different from those expressed or implied. The Company assumes no
obligation and does not intend to update these forward-looking
statements. Among the important factors that could cause actual results
to differ materially from those indicated by such forward-looking
statements include, without limitation: competitive and general economic
conditions, adverse effects of litigation, the timely development and
acceptance of our products and services, significant changes in the
competitive environment, the failure to generate or the loss of
significant numbers of customers, the loss of senior management or
increased government regulation.
Contact:
Peter Anello
President
Email Contact
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