AyreTrade Inc. (SUMM) Growth Plans - Purchase Corporate Office
AyreTrade Inc. (SUMM) Growth Plans - Purchase Corporate Office
AyreTrade Inc. (SUMM) Growth Plans - Purchase Corporate Office
DOVER, DE--(Marketwired - Jul 23, 2013) - AyreTrade Inc. (PINKSHEETS: SUMM) is pleased to update our shareholders with the recent events of our Company. We are pleased to announce that we've entered into a purchase agreement to obtain a corporate office and the completion of our new website www.ayretradeinc.com.
"The purchase of our corporate office will lead to long term savings and will add an asset to our books," stated Tim Ayre. We are also pleased to announce that our new website is complete and has been updated to the Pinksheets website under the company information section. We are still focused on our 2013 plan of action as stated in our previous news release dated May 17, 2013.
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.
We are watching the commodities space very carefully as macro events unfold. The Company sees increased volatility with commodities and futures in the foreseeable future and predicts historic levels of volatility that will likely sustain for an extended period of time, AyreTrade would like to capitalize on this by partnering with the right firm (merger/jv etc) but it is weighing its options very carefully.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of AyreTrade Inc. (SUMM PK) that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. AyreTrade Inc. (SUMM PK) cautions you that any forward-looking information provided by or on behalf of AyreTrade Inc. (SUMM PK) is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. AyreTrade Inc. (SUMM PK)'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond AyreTrade Inc. (SUMM PK)'s control. In addition to those discussed in AyreTrade Inc. (SUMM PK)'s press releases, public filings, and statements by AyreTrade Inc. (SUMM PK)'s management, including, but not limited to, AyreTrade Inc. (SUMM PK)'s estimate of the sufficiency of its existing capital resources, AyreTrade Inc. (SUMM PK)'s ability to raise additional capital to fund future operations, AyreTrade Inc. (SUMM PK)'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match AyreTrade Inc. (SUMM PK)'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. AyreTrade Inc. (SUMM PK) does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.