CHARLOTTE, NC, United States, via eTeligis Inc., 06/10/2014 - - Peoplesway.Com, Inc. (OTC Pink: PLWY) (PINKSHEETS: PLWY) is exploring establishing an early closing date on completing the Idea WebCatcher acquisition in order to initiate complementary technologies and businesses to incorporate into Idea WebCatcher, many in the early stages of development.
It is anticipated that, of the 10-15 companies and/or concepts that Idea WebCatcher partners with over the next 18-36 months, it may review up to 500 - 900 submissions. The process will be based on the concept of many popular talent search television programs on air today. The difference being, we think we will have multiple winners. We think the average market valuation for each of the selections could eventually be in excess of $5,000,000, or between $50,000,000 and $75,000,000 collectively. Could the next Facebook or Google be out there waiting to be given the opportunity to be developed?
"We believe that some of the greatest winners in web- and cloud-based products or platforms are still to be discovered. We intend to find several winners from the pool of submissions and help them develop to the point that they are generating significant revenue and are candidates to spin off into their own public entity or will be acquired. We don't have to be right every time to have success. We only have to be right once and we think there are multiple winners out there waiting to be taken to the next level." Gene Johnston, CEO.
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_6-9-14_LST_ETL.docx
To unsubscribe from any future mailings, please visit: http://www.eteligis.com/MassMailUnsubscribe.aspx
Copyright eTeligis Inc. 2014. All rights reserved.
0 comments:
Post a Comment