JINAN, China, April 6, 2010 -- China VoIP & Digital Telecom Inc.'s (OTCBB: CVDT) wholly-owned subsidiary Jinan Yinquan Technology ("Yinquan"), today announced that it has signed a virtualization contract with Shandong Leveagin Healthcare Chain Co., Ltd. (the "Customer") to launch its integrated datacenter virtualization solution.
China VoIP & Digital Telecom Inc. closed at $0.388 Monday, trading 1,100 shares.
China VoIP & Digital Telecom Inc. Subsidiary Signs a Virtualization Contract with Shandong Leveagin Healthcare Chain Co., Ltd.
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers virtualization technology application in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd and Beijing PowerUnique Technologies, Co., Ltd. Through the two subsidiaries, China VoIP & Digital Telecom is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its integral virtualization solutions and services in China and at this time is in the testing stages of other Information Technology products. More information can be found at chinavoip-telecom.com .
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LEXINGTON, Ky., April 6, 2010 -- VHGI Holdings, Inc. (OTCBB: VHGI) announced today that it has completed its 8K filing and that its subsidiary, VHGI Gulf Coast Holdings, LLC has signed an agreement with the Trustee for Sterling Exploration & Production Company, L.L.C. and Yazoo Pipeline Co., L.P. to purchase all of the assets from such entities for $4.5 million in a Chapter 7 bankruptcy sale.
VHGI Holdings, Inc. closed at $0.16 Monday, trading 300,818 shares.
VHGI Holdings, Inc. Announces Filing of 8K, Signs Agreements to Purchase Assets of Sterling Exploration & Production Company and Yazoo Pipeline Company Estimated Netherland Sewell Reserves of 1.2 Million Net Equivalent Barrels with a PV at 10% of $27 Million
About VHGI Holdings, Inc.
VHGI Holdings, Inc. is a diverse company with assets and interests focusing on Precious Metals Markets (vhgigold.com), and oil and natural gas (vhgienergy.com), both wholly owned subsidiaries of VHGI Holdings, Inc. VHGI Holdings, Inc. has recently initiated steps to leverage the company's operating history and corporate resources within these industries and intends to pursue these opportunities through, acquisitions and joint ventures. Investors are invited to obtain information concerning our operations at (vhgiholdings.com) or by calling Investor Relations at 561-515-6035 or emailing info@vhgiholdings.com.
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