Berman Holdings, Inc. (Pink Sheets:BRMN) today announced it has completed the acquisition of 100% of Merchant Processing International, Inc. DBA Bank Freedom. After receiving all the necessary approvals Berman Holdings Inc. issued 22,500,000 shares of its common stock and a promissory note for $750,000 to acquire 100% of Merchant Processing International, Inc. DBA Bank Freedom from company founder Bruce Berman.
About Berman Holdings, Inc.
Berman Holdings, Inc. is a publicly traded holding company whose current holdings consist of a 100% interest in the Berman Marketing Group, Inc. Berman Marketing Group, Inc. is a multi channel direct market firm specializing in direct response marketing through Television, Radio, Internet and Print media.