ARNH Turns a Major Corner: Wins Both the Appeal against First Air Group and Attracts Highly Successful Board Members

FORT LAUDERDALE, FL / ACCESSWIRE / June 30, 2015 / The Automotive Resources Holding group (PINKSHEETS: ARNH) (“ARNH” or “the Company”) has won their appeal, from being wrongly named in a lawsuit. ARNH was wrongly named in a lawsuit by First Air Group, Inc. located in the state of NY. The case was heard under the laws of the state of NY and ARNH was not dropped from the suit in the lower courts. ARNH later perfected an appeal to overturn the findings of the lower court on July 25, 2014 where the Court of Appeal found in favor of ARNH and dismissed the company from any and all liability on April 2, 2015.

In addition to winning the appeal and being exonerated from all liability stemming from the First Air lawsuit, the company has been actively forming a new Board of Directors. “As the incoming CEO, and the first member of the Board of Directors of the company. I would like to personally thank the continued efforts of prior management, Ms. Kathy Roberton, to be more precise. Without her, intimate knowledge of the case, and hands on expertise, this would never have been possible. Kathy has shown high integrity and much regard for all shareholders and has been working with me to resolve any issues within the company,” stated CEO Mark Solomon.

More updates on the progress of the company will follow.

Mark S Solomon Esq.
CEO
954-463-6755
mark@marksolomonlaw.com

DISCLAIMER <<Caution Concerning Forward Looking Statements>>

This press release contains statements that are “Forward-Looking” in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company’s financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as “goal,” “aims,” “may,” “expect,” “believe,” “intend,” “anticipate,” “estimate,” “continue,” “would,” “exceed,” “should,” “steady,” “plan,” “potential,” “dramatic,” and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company’s control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.

SOURCE: The Automotive Resource Network Holdings, Inc.

ReleaseID: 430268