EyeCity.com, Inc. Releases Shareholder Updates
October 14 2010 - 2:43PM
EyeCity.com Inc. (Pink Sheets:ICTY) would like to update the
shareholders on the status of the Pink Sheets attorney letter and
its business acquisitions.
The attorney letter is expected to be completed within this
month. As previously stated within the last news update, corporate
counsel has been preparing us to go to the next stage of reporting.
After this letter is filed, EyeCity will be retaining new
SEC-qualified auditors for its next stage. This will be a benefit
to the investment community as far as transparency is concerned,
and also be of benefit to the existing companies we have targeted
to acquire, or with which to do joint ventures.
The next issue is the business at hand. EyeCity is working
on the final details in one of its major acquisitions. We are
trying to achieve this by the second week of
November. EyeCity's objective is to purchase this acquisition
and others in a manner not to create dilution in the common
stock.
The funding for these acquisitions is being worked out by
private investment money. To reiterate, the objective is not
to dilute the common stock of this company.
The primary objective is to use the funding raised to execute
the business plan. The funding is not for the purpose of acquiring
the targeted assets.
Safe Harbor Statement:
This news release includes forward-looking statements pertaining
to future anticipated projected plans, performance and
developments, intended to qualify for the safe harbor from
liability established by the Private Securities Litigation Reform
Act of 1995. Any statements on this news release that are not
statements of historical fact should be considered forward-looking
statements. These forward-looking statements generally can be
identified by phrases such as "believes," "expects," "anticipates,"
"foresees," "forecasts," "estimates," "intends," or other words or
phrases of similar import. Similarly, statements in this news
release that describe the Company's business strategy, outlook,
objectives, plans, intentions or goals also are forward-looking
statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements.
CONTACT: Eyecity.com, Inc.
Bradley Wilson, CEO
(407) 575-0026
Eyecity Com (PK) (USOTC:ICTY)
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