McCusker Holding Corp (OTC Pink: ORRV), a market leader in the warranty and help desk administration industry announced that it has closed its reverse merger with publicly-traded Oceanic Research & Recovery, Inc. effective as of March 13, 2017. As previously announced, on January 8, 2017, McCusker Holding Corp and Oceanic Research entered a binding letter of intent, which called for Oceanic Research to acquire McCusker Holding Corp in a statutory merger with McCusker becoming a wholly owned subsidiary of Oceanic Research. In connection with the reverse merger, the articles of incorporation for Oceanic Research were amended to change the corporation's name to "McCusker Holdings Corp."
"The successful completion of this transaction represents a major milestone for us. I am hopeful that our public listing will offer the company greater access to new investors, new sources of growth capital with which to grow our company, and enhance our services within the marketplace," stated Will McCusker, Chairman of the Board of Directors and Chief Executive Officer of McCusker Holdings Corp. "We would like to thank the many investors who have continued to encourage us during this process," he added.
With the merger having closed, the company will seek to obtain formal approval for its name and symbol change through FINRA in the coming weeks. McCusker Holdings Corp will continue to update its stockholders throughout the process.
About McCusker & Company, Inc.
McCusker Holdings Corp is a leading national provider of consumer electronic tablet devices, smart watches, screen protection devices and other consumer electronic warranty products. McCusker also provides help desk and warranty insurance administration serving a wide variety of industries. It also has created specialized service programs for the consumer electronics and the heating, ventilating, and air conditioning (HVAC) industries. The Company services 43 countries. McCusker's clients include: OEM's, retailers, law firms, underwriters, and third party administrators. The Company is a true leader of developing innovative solutions for help desk and warranty insurance administration support services. For more information about McCusker and its product offers call 1-(800) 734-0819 x107 or visit www.McCuskerCo.com. McCusker Holdings Corp's common stock is traded on the OTC Pink Marketplace under the symbol "ORRV"
