CHICAGO, IL--(Marketwired - Mar 16, 2016) - Halydean Corporation, a privately held dairy and beef farm investment group, announced today that it is has retained Dresner Corporate Services as its investor relations firm.
Halydean Corporation, an agricultural land and livestock holding company specializing in dairy and beef production, is seeking to consolidate farmers leaving the industry. The Company is pursuing the purchase of dairy operations, which it will expand by updating equipment and technology and adding more land and cattle.
Halydean Corporation plans to file a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering has not yet been determined.
Dresner Corporate Services will assist Halydean with facilitating investor awareness, providing market intelligence and research, designing corporate communications materials and generally raising the Company's profile in the investment community.
"With strong management, superior fundamentals and innovative technology in a large growth market, Halydean is a perfect fit for Dresner Corporate Services' portfolio of clients," said Kristine Walczak, senior vice president. "Additionally, its conservative business acumen is just what one would expect from a company that is hundreds of years old."
Halydean Corporation Chairman and CEO Ron Braatz said, "We chose to partner with Dresner Corporate Services to expand and strengthen our investor relations efforts. Dresner provides the reach and established track record we need to develop relationships with a broad spectrum of investors who understand the potential of our business model."
About The Company
Halydean Corporation is an agricultural land holding company that specializes in dairy and beef production. The company's focus is to consolidate the dairy industry through vertical and horizontal integration, acquiring farms with a mixture of stock and cash, with an emphasis on expanding dairy and beef production for capital appreciation for shareholders and reinvestment in company growth. The company has more than 100 years of industry leadership experience. Through holding simple, safe assets like grazing land and cattle, the company could profit as the fragmented dairy industry consolidates for cost-to-scale improvements in efficiency and focus on solid business fundamentals. More information can be found at www.halydean.com.
This press release does not constitute an offer of any securities for sale.
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.