Echelon Brands, Ltd., (Pink Sheets: ICTY) formerly known as Eyecity.com, Inc., is releasing to the public information regarding the recent Corporate changes. On Monday December 15th, a statement was released appointing Mr. Bradley Wilson as the new CEO. Soon after that release on Wednesday the 17th, another release was issued stating a Letter of Intent has been signed to purchase a viable company named �Sports Radio Broadcast, Inc.� a fully licensed NFL broadcasting network. www.sportsradiobroacast.com Company officials would like clarify the details pertaining to the Letter of Intent. The purpose of the LOI is for both parties to perform their Due-Diligence into each set of corporate books and get an understanding of the capital structure of each organization. Synergies between both companies have allowed this somewhat timely task to be streamlined into an efficient process, thus providing for the immediate signatures on the LOI by both parties. One of the key topics of discussion in the public sector seems to be the transfer of company from Mr. James Brola to Mr. Bradley Wilson. A Corporate Resolution is filed in the corporate book confirming that 100% of the Preferred, Series A Convertible stock has been transferred to Mr. Bradley Wilson giving him the control block needed to run the company as needed. Mr. Brola eloquently surrendered all of his stock with the company and the shareholders in mind. Reasoning behind the total transfer of shares comes from a notes payable from an un-disclosed party that now has complete satisfaction of debt. With regards to any type of reverse merger, nothing has taken place as of today. The due-diligence process will determine if a reverse merger, stock purchase agreement, or simply a merger between the two organizations is the most suitable. Mr. Wilson did state, �I appreciate all of the influx of calls and I hope to answer all of inquires in a timely manner. I�m looking forward to a successful transition and a promising New Year.� ABOUT SPORTS RADIO BROADCAST, INC. http://www.sportsradiobroadcast.com/about.html Safe Harbor This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Eyecity Com (PK) (USOTC:ICTY)
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부터 10월(10) 2024 으로 11월(11) 2024 Eyecity Com (PK) 차트를 더 보려면 여기를 클릭.
Eyecity Com (PK) (USOTC:ICTY)
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부터 11월(11) 2023 으로 11월(11) 2024 Eyecity Com (PK) 차트를 더 보려면 여기를 클릭.