MISSISSAUGA, ON, Dec. 31, 2009 /PRNewswire/ - HD Retail Solutions, Inc., an Ontario corporation ("HD Retail"), confirmed today that by letter dated December 9, 2009, HD Retail notified the former Greenwind Power Corp. USA (and its sponsors), a Nevada corporation that changed its name to "HD Retail Solutions Inc." and trades on the Pink Sheets under the symbol "HDRE," that HD Retail will not proceed to close the Acquisition Agreement dated May 27, 2009 by and between HD Retail and Greenwind Power Corp. USA.
HD Retail requested that the Nevada company change its name to a name other than "HD Retail Solutions" to avoid confusion.
On December 29, 2009, HD Retail filed for bankruptcy protection in Ontario, Canada. HD Retail has ceased operations.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements."
SOURCE HD Retail Solutions Inc.