The Now Corporation Initiates Steps Toward OTC Markets Current Information Tier
19 7월 2013 - 2:22AM
Business Wire
The Now Corporation (USOTC: NWPN ) changed their Board of
Directors on March 17th 2013 and have signed an agreement with OTC
Pinksheet Company Drake Gold “DKGR,” a purchase and
sale project to rework 146 wells on 559 acres on the Rensma
lease, Venango County Pennsylvania.
We also are pleased to announce that new management has
initiated the necessary procedures to upgrade its status on OTC
Markets to its Current Information Tier toward an increase in
overall transparency, accessibility and market confidence.
The Company filed their last Quarterly report in March 2008 and
is working to ensure necessary filings to effect and maintain
Current Information status are submitted expeditiously toward
building shareholder value in the company.
The Now Corporation executives feel that the necessary legal and
accounting activities required to complete the upgrade may take
several months to complete; however, The Now Corporation management
has confirmed that the company has not issued any shares of any
kind for the past five years and that its totals of both common and
preferred shares outstanding have remained unchanged since February
2008.
ABOUT THE NOW CORP.
On December 1, 2006 the Company acquired 100% of the business
operating assets of Para Mas Internet, Inc., a Nevada
corporation in exchange for a $10,000,000 note. Para Mas Internet,
Inc. provides promotional services to businesses as a wholly owned
subsidiary of the Company.
Through a membership-based internet shopping site and kiosks,
businesses can offer customers and employees exclusive discounts on
their products and services plus the additional benefit of
discounts on other products and services including tickets for
popular entertainment and recreational attractions.
New Management will be evaluating all of the assets in the
Company and will also be pursuing new venture opportunities.
Shareholders are reminded that any new asset coming into this
Company will require financing to complete any given transaction,
and until Management can obtain future financing for the Company
beyond the Drake Gold venture any or all negotiations will be
“Letters Of Intent Only”.
The company has set up a web site at www.thenowcorporation.net
and management through their best efforts will update all changes
through this web site under “UPDATES”.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of The Now Corporation which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
CONTACT: BRIAN SIMS 604-421-4072
Now (PK) (USOTC:NWPN)
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Now (PK) (USOTC:NWPN)
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