EyeCity.com, Inc. Releases Shareholder Updates Regarding Outstanding Share Reduction and Acquisition Strategy
2011年7月29日 - 2:28AM
EyeCity.com, Inc. (Pink Sheets:ICTY) announces today, July, 28,
2011, the following update to shareholders.
As CEO, I am happy to report that The Company has made great
progress in our goals. Sincerely it has been a difficult year with
frustrating delays, but also a year of increased focus and
development.
We have been actively addressing the share structure of ICTY,
reducing the amount of outstanding shares by retiring
stock. This process will continue as a step closer to
Pink Sheet compliance for a fully reporting company.
As a direct to consumer company we understand the dynamics of
niche target marketing. The ability to aggregate specific
consumer groups based upon media content. In this regard we
have been developing new media applications leveraging direct to
consumer marketing strategies, taking traditional direct response
to new media platforms and social communities. To grow this
opportunity, The Company is focusing on acquiring media assets as
well as existing media companies with established consumer facing
brands that would benefit from our expertise in direct to consumer
marketing to monetize media assets, existing membership and
consumer databases. This includes developing new incentive
based advertising programs that would allow both CPM and CPA ad
networks to generate revenue.
We are working very hard on taking ICTY to the next level and
evolve our business strategy and adopt a 360 degree approach to
digital marketing to reach consumers in all new media platforms and
to take advantage of social media dynamics within niche consumer
groups.
Immediate goals include:
- Continue progress to fully reporting Pink Sheet
Compliance.
- Close an acquisition and/or merger with an existing media
company that benefits from our content and direct to consumer
monetization strategy.
- Continue to develop a web based incentive program, linked with
a mobile media application for a 360 degree consumer reach to
monetize media content.
- Attract new industry specific expertise.
We are currently in negotiations with two ideal acquisition
candidates that benefit from the business combination. ICTY is also
looking to raise funds by alternative means tied to an acquisition
and has no plans of any financing that would adversely change share
structure in the public float. We continue our policy of no capital
rising through equity funding as well as reducing and retiring
outstanding shares. This hopefully will continue to add value to
existing shareholders as well as allow more favorable structure for
business acquisition.
The company is working diligently on these new projects and
expects to report additional progress within the 2011 calendar
year. These projects are currently under development or in
negotiation and we are determined to wait until they are fully
completed before releasing to the public.
Thank you for the support and we look forward to building this
company with the shareholders.
Kindest Regards,
ICTY Management Bradley Wilson, CEO
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
Contact:
Investor Relations
1-678-772-1148
Email: investorrelations11@gmail.com
Eyecity Com (PK) (USOTC:ICTY)
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Eyecity Com (PK) (USOTC:ICTY)
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