SUMM NEWS!!! AyreTrade Inc. (SUMM PK) https://www.ayretrade.com is pleased to provide this corporate update to its shareholders regarding new and exciting developments, plans and future events that is currently under way for SUMM.The Company is of the opinion that this is a positive material event affecting the Company and warrants a public announcement.
Tim Ayre SUMM CEO said " Last year when we did the merger, with AyreTrade Financial Inc., (the brokerage arm) the big picture for SUMM has always been to add "business utilized services" (BUS) under our umbrella. The BUS concept, in our opinion will create a full service one stop shop financial conglomerate." As a Company we are seeking to develop a robust engine, with something to insure our shareholders with sustainability for maximum growth, return, and share price valuation. Our plans to achieve these goals are two fold.
1. Merging with or acquiring an already established profitable marketing company. (We have already identified several possible candidates.)
2. In concert with the aforementioned merger we are exploring the possibility of doing either a joint venture with several commodity and futures types of companies; or possibly another merger with these trading companies.
To be clear, these are 2 separate mergers with 2 separate non related entities. The entire transformation of SUMM could take approximately 60 to 120 days. SUMM new "business services expansion plan" will definitely have a positive affect on the Company's future development and revenues.