HONG KONG, Feb. 14, 2019 /PRNewswire/ -- Otter Lake Resources Inc. (FKA Broadengate Systems Inc.) today announced a name change to Rodney Capital Inc. Under its new corporate name and planned restructure, the Company expects to acquire two Hong Kong companies: Hong Kong New Mellow Textiles Technology Holding Co. Limited and Three Aces Advisory Limited.
Florence LI, the incoming CEO, stated, "We expect these two to be the first of several acquisitions. Our strategic goal is investment in operating businesses through acquisitions of companies and assets in order to maximize shareholder value, and to provide excellent products and services to our customers, partners, and clients."
Otter Lake formerly traded on the OTC Markets Inc. under the symbol OTC:BROG. is The Company in the process of attending to the corporate filings necessary to return to a trading company on the OTCMarkets, under its new name and with a trading symbol that reflects the change in business operations.
Further the Company announces the appointment of three new directors:
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements that involve known/unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results expressed or implied by the forward-looking statements. Given these uncertainties, prospective investors should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this release. Except as required by law, we assume no obligation to update any forward-looking statements publicly.