PacWest Equities, Inc. Acquires World Eco Source Corp.
October 09 2012 - 4:00PM
Marketwired
PacWest Equities, Inc. (PINKSHEETS: PWEI) today announced that it
has acquired World Eco Source Corp. of Belize City, Belize. The
stock symbol of PWEI will not be changed. World Eco Source Corp. is
a technology-based company which has developed the MobileFeed® and
MobileFood® systems helping offset deficient, worldwide food
production for both animals and humans.
The World Eco Source MobileFeed® and MobileFood® units provide
turnkey systems for either the production of livestock-based
consumables or human-based protein and vegetable consumables. The
MobileFeed® units are truly a global sustainable, green life cycle
farming system. Using both solar power and water conserving growing
systems, one trailer can produce 1,500 pounds daily of organically
grown grass for year round livestock consumption, thus lowering
feed costs by 80% while producing Certified Organic, Grass Fed
livestock and increasing profitability of the final product.
The MobileFood® units enable the rapid production of certified,
organic vegetables and proteins for humans through life cycle
harmonic integration of fish farms and hydroponic vegetables, with
one half of the system feeding/fertilizing the other half, and
vice-verse. Raising Tilapia side-by-side with vegetables and using
the same water from the fish to fertilize the greens is not
something new, but by combining the hydroponic know-how with World
Eco Source patented technologies, the outputs have finally become
commercially feasible.
About PacWest Equities, Inc.
PacWest Equities, Inc. specializes in working with under
performing companies and bringing together the resources needed for
them to attain financial stability and growth. Our focus is on
companies showing a positive upside while struggling to bring new
bio-technologies and unique products to market.
Safe Harbor This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995.The words or phrases
"would be," "would allow," "intends to," "will likely result," "are
expected to," "will continue," "anticipate," "expect," "estimate,"
"project," "indicate," "could," "potentially," "should," "believe,"
"considers," or similar expressions are intended to identify
"forward-looking statements." Actual results could differ
materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties. These include
the Company's historic lack of profitability, end user customer
acceptance and actual demand, which may differ significantly from
expectations, the need for the Company to manage its growth, the
need to raise funds for operations and other risks within the
regulation of the industry. Statements made herein are as of the
date of this press release and should not be relied upon as of any
subsequent date. The Company's past performance is not necessarily
indicative of its future performance. The Company does not,
undertake, and the Company specifically disclaims any obligation,
to update any forward-looking statements to reflect occurrences,
developments, events or circumstances after the date of such
statement.
CONTACT: Media Relations Email Contact
www.worldecosource.com
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