May 27, 2005 9:05 a.m. EDT
PRESS RELEASE
What does this say?????
Looks like Emerge is about out of $$$$$$$$$$$$.
eMerge Interactive Retains AgriCapital and B. Riley
May 27, 2005 9:05 a.m.
SEBASTIAN, Fla., May 27 /PRNewswire-FirstCall/ -- As previously disclosed, eMerge Interactive, Inc. (Nasdaq: EMRG) is considering alternative strategies relating to the development, marketing, and sales of its services. As part of this process, eMerge today announced that it has retained AgriCapital Corporation and B. Riley & Company, Inc., in a joint engagement, to advise management and the Board of Directors regarding a variety of alternative business strategies intended to improve shareholder value. This engagement is intended to cover a broad range of options for management and the Board of Directors to consider. Among the options to be considered will be to continue to implement eMerge's current plans and strategies, and, potentially, to consider pursuing prospective capital sources, investors, acquirers, licensees, and/or merger partners for all or part of its business. No decision has been reached regarding any option, and there can be no assurance of success regarding any alternative strategies that might ultimately be pursued.
PRESS RELEASE
What does this say?????
Looks like Emerge is about out of $$$$$$$$$$$$.
eMerge Interactive Retains AgriCapital and B. Riley
May 27, 2005 9:05 a.m.
SEBASTIAN, Fla., May 27 /PRNewswire-FirstCall/ -- As previously disclosed, eMerge Interactive, Inc. (Nasdaq: EMRG) is considering alternative strategies relating to the development, marketing, and sales of its services. As part of this process, eMerge today announced that it has retained AgriCapital Corporation and B. Riley & Company, Inc., in a joint engagement, to advise management and the Board of Directors regarding a variety of alternative business strategies intended to improve shareholder value. This engagement is intended to cover a broad range of options for management and the Board of Directors to consider. Among the options to be considered will be to continue to implement eMerge's current plans and strategies, and, potentially, to consider pursuing prospective capital sources, investors, acquirers, licensees, and/or merger partners for all or part of its business. No decision has been reached regarding any option, and there can be no assurance of success regarding any alternative strategies that might ultimately be pursued.