Monar Targets Acquisition Candidates in the Transportation Services Industry
August 22 2013 - 7:00AM
Marketwired
Monar International Inc. (OTCQB: MNAI) is proud to announce that
with its recent share restructuring being completed it is
implementing a new strategic direction to identify acquisition
candidates in transportation services, primarily in the US market.
Targeted sectors include services such as auto/vehicle transport,
drive away services, fleet management, etc. Currently Monar has
identified several acquisition prospects, all with years of
operating history and revenues.
"We are extremely pleased to announce this Strategic Development
and believe that current conditions in the transportation services
industry make it an opportune time for Monar to focus on
consolidating businesses within this sector, which in turn would
bring additional value to our shareholders," said Robert Clarke,
President and CEO at Monar International.
About Monar International
Monar International Inc. is developing energy technologies and
transportation services in various markets. The company was
incorporated in 2009.
Forward Looking Statements
This release contains statements that appear in a number of
places in this release and include all statements that are not
statements of historical fact regarding the intent, belief or
current expectations of Monar International, Inc., its directors or
its officers with respect to, among other things: (i) financing
plans; (ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words
"may," "would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond Monar International, Inc.'s
ability to control, and that actual results may differ materially
from those projected in the forward-looking statements as a result
of various factors. More information about the potential factors
that could affect the business and financial results is and will be
included in Monar International, Inc.'s filings with the Securities
and Exchange Commission.
Company Contact Information: Robert Clarke E-mail:
ir@monarinc.com Tel: 213-985-1939 Monar International Inc. 7365
Carnelian Street, Suite 119 Rancho Cucamonga, CA. 91730