Embarr Downs Announces That It Has Closed On The Acquisition of W+B Partners and Expects Revenue For the Quarter to Exceed $500,000

LOS ANGELES, Aug 29, 2014 (BUSINESS WIRE) Embarr Downs, Inc. (OTCQB: EMBR) announced that the acquisition of W+B Partners closed on August 29, 2014. The Company previously expected to close on the acquisition after September 1. However, after discussions with our auditors the Company decided to close prior to September 1. The Company s financials will be consolidated with the financials of its operating subsidiaries: W+B Partners, SouthCorp Capital and Tren TV. The Company expects the consolidated non-gaap revenue for the quarter ending August 31, 2014 to be between $500,000 and $600,000. As part of the merger Embarr Downs will have 4 operating divisions. The operating divisions are: (1) W+B Partners, (2) SouthCorp Capital (3) TREN TV and (4) Embarr Downs of California. W+B Partners: The division assists companies to go public. SouthCorp Capital: This division acquires properties for sale and rent. SouthCorp Capital is currently traded under the symbol of STHC TREN TV: The Company re
http://bit.ly/1tTfeoH