Eastern Services Holdings, Inc (ESVH.OB) announced that the company has completed a reverse merger with privately held Fund.com Inc. Fund.com intends to operate an Internet-based publishing, advertising and licensing business focused exclusively on the investment fund industry
Additionally, Eastern has now changed their name to “Fund.com Inc.” and will only follow Fund.com’s business strategy. Furthermore, Fund.com’s executive team will replace existing Eastern management.
Darren Rennick, executive vice president of Fund.com, stated, “We believe that we have unique intellectual property represented by our strong brands and our online ‘real estate’ located on the Internet at www.fund.com, a strong domain name that is broad, easy to remember and highly marketable. Licensing and online advertising at Fund.com give us a strong platform to monetize our existing IP assets.”
Let us hear your thoughts below: