Oceanic Research & Recovery, Inc. (ORRV: OTC Pink Limited) | MCCUSKER PLAN NEW OFFICE SETTLES CURRENT LEASE



Jun 03, 2017

OTC Disclosure News Service

Colleyville, TX

Warranty firm McCusker Holdings Corp sets sights on State of Washington

Lease settlement for current location will save $150K per year!

McCusker Holdings Corp, a warranty service firm with an office in Colleyville TX, plans to open a new location in State of Washington in the coming months.

The Colleyville firm has finalized a lease settlement for their existing location in Colleyville setting the stage for relocation of management team members and certain operations, said Will McCusker, CEO of McCusker Holdings Corp. The move has reduced the company liabilities related to rent costs and will assist the transition to the new operations center in Washington.  The firm expects the Washington office to open in late summer or early fall. It will initially employ call center team members – with hopes of recruiting more.

Colleyville offices were exceptional and a natural extension for the firm at the time, McCusker said. The new location in Washington offers a good pool of potential and existing clients, as well as talent ripe for recruiting.

The Washington States character also helped attract the firm to the new location.

“Being in Washington, it’s just a great culture, very community-oriented, and a dedicated talent pool” McCusker said. McCusker continued to say, “Now that the company has moved to public status we are very concerned to keep our expenses and growth in check and provide better value to our shareholders, we will be making additional changes with our subsidiaries making sure every entity and operation is at peak with revenue production and managing expenses.

McCusker Holdings Corp, which specializes in warranty and service solutions, currently has five offices, including a recently closed office location in Colleyville.

Please submit any Investor Relation questions or comments to investors@mccuskerco.com. For more information about McCusker Holdings Corp, please check out the website at www.mccuskerholding.com.

McCusker Holdings Corp its subsidiaries is a leading national provider of help desk and warranty insurance administration services for a wide variety of industries. It also has created specialized service programs for the consumer electronics, furniture, auto and the heating, ventilating and air conditioning (HVAC) industries.

Certain statements contained in this email, including statements regarding administrative steps, events, and financial trends that may affect McCusker Holdings Corp’s future operating results, financial position, stock price and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risks and uncertainties. You can identify these forward-looking statements by the use of words like “strategy,” “expects,” “plans,” “believes,” “will,” “would”, “looks”, “estimates,” “intends,” “feels,” “projects,” “goals,” “targets,” “hopes,” “seeks”, and other words of similar meaning. Pro forma projections of an individual or generic investor’s investment performance always are completely uncertain. Similarly, pro forma projections of splits, electronic share deposits, and timing of initiation of warrant trading, for example, in order to explain the sequence and timing of facilitated share trading and warrant exercise, are always completely uncertain. You can also identify these and other forward statements by the fact that they do not relate strictly to historical or current facts. For these statements, we claim the protection of the safe harbor for forward-looking statements provided by the Private Securities

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