Peoplesway.Com, Inc. (OTC Pink: PLWY) (PINKSHEETS: PLWY)
As previously announced, the Company has been in initial discussions with possible acquisition candidates and those talks are advancing rapidly. One of the companies that we have been evaluating is in the technology sector. The initial due diligence is very promising and our team is moving as quickly as possible to advance our discussions to the point that we can reach a final agreement.
"We want to be prudent, but we also want to move forward with our expansion plans at a rapid pace. Our Chairman and CEO have been involved in the development of one of our first acquisition targets that is poised to take advantage of the growing market for web based ideas, products and platforms," said Gene Johnston, CEO.
The Company will make an announcement on any progress made towards finalizing this or any other deal that is under consideration.
About Peoplesway
Peoplesway.com, Inc., headquartered in Charlotte, N.C. has historically been an international direct marketing company with an emphasis on its proven proprietary products including products related to the health and wellness industry. It is more recently began targeting companies with high growth potential in the technology sector that can be acquired.
Forward Looking Statement
Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and service, changes in economic conditions and other risks and uncertainties. Although the Company believes the statements are reasonable, it can give no assurance that such expectations will prove correct. The Company cautions that any forward-looking statements contained herein are not a guarantee of future performance and that actual results may differ materially.
Contact:
Investor Relations
Phone: 888-876-9995
Email: info@mscorpcommunications.com
SOURCE: Peoplesway.com, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
PLWY_5-12-14_LST_ETL.docx
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