LOS ANGELES, Aug. 4 /PRNewswire-FirstCall/ -- Mundus Group, Inc. - Is pleased to announce a new research report has been issued on Mundus Group, Inc. by Grass Roots Research and Distribution, Inc., Wall Street's leading independent research firm, with a "BUY" recommendation and a $0.68 long term price target.
For the full report please visit Grass Roots Research and Distribution, Inc's website: http://www.grassrootsrd.com/mndp-report.pdf
About Cohen Independent Research Group and Grass Roots Research and Distribution, Inc.:
Led by D. Paul Cohen, Grass Roots Research and Distribution, Inc. is Cohen Independent Research Group's investment awareness website. Cohen Research is Wall Street's #1 Independent Research Firm. As founder of Bear Stearns Western Regional Offices, Paul Cohen was one of the original 12 Dirty Dozen analysts, regarded by many to be the top 12 security analysts in the nation. Mr. Cohen was also the West Coast Senior Vice President of CBWL-Hayden Stone-American Express. Mr. Cohen's partners were Sanford I. Weill (past Chairman and CEO of CitiGroup and past Chairman of Solomon Smith Barney) and Arthur Levitt (past Chairman of the Securities and Exchange Commission (SEC)).
Cohen Independent Research Group and Grass Roots Research and Distribution, Inc. includes nine contracted PhDs (three with MDs), two MDs, six CFAs (chartered financial analyst), three with CPAs (certified public accountant) and 21 analysts covering most industries. The backbone of the fundamental research targeted at stock investment includes investigative research into significant corporate events, thorough review of SEC filings, in depth financial analysis, valuations, and management profiles. The Cohen Financial and Valuation Model, an analytical and portfolio management system, is a 100+ page income statement model with seven (7) equity valuation and three (3) cash flow analytical models. Our model covers 9,000 public companies. For more information, readers can visit the company's website at http://www.cohenresearch.com/.
About The Mundus Group, Inc.
The Mundus Group, Inc. (Pink Sheets: MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). Newly acquired subsidiary AirStar, has been an innovator and world leader in Unmanned Air Vehicles and Remote Controlled Vertical Take off and Landing technology for the past 20 years in the design, engineering, development, production and sales of cutting edge remote controlled (RC) unmanned air vehicles (UAVs) for US military, international government and civilian surveillance services, fire and rescue departments as well as world renowned aerial cinematography for movie and commercial production, aerial photography and laboratory / product data testing.
Mundus is at the cutting edge of jet turbine-ducted fan technology and fuses state of the art design engineering and a prototyping facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.
From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities for investors.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MNDP has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions.
These statements reflect the MNDP's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the MNDP's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. MNDP undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Company Information: Investor Relations: Mundus Group, Inc. 3540 W. Sahara Ave #1255 Las Vegas, NV 89102-5816 Email: ir@mundusgroupinc.com Tel: +1(805)-416-5030 Fax: +1(805)-426-8888 Email: info@mundusgroupinc.com Stock Information: MNDP Internet: http://www.mundusgroupinc.com/
Mundus Group, Inc.
CONTACT: Mundus Group, Inc., Investor Relations, +1-805-416-5030, Fax,
+1-805-426-8888, info@mundusgroupinc.com, ir@mundusgroupinc.com
Web Site: http://www.mundusgroupinc.com/
