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ECOI Executes LOI for Solar Acquisition


//stocks-investing.news-articles.net/content/201 .. /07/ecoi-executes-loi-for-solar-acquisition.html
Published in Stocks and Investing on Friday, January 7th 2011 at 14:47 GMT by Market Wire   Print publication without navigation


ASHLAND, Ore.--([ BUSINESS WIRE ])--EcoSolutions Intl. (Pink Sheets: ECOI) The company announced today, it has executed an LOI for its first acquisition. The target company is in the Solar space, keeping with the initial business model of EcoSolutions Intl. The board has unanimously approved the terms and conditions of the LOI, and is awaiting execution from the counter party. "We are excited to begin the acquisition strategy mentioned in my initial Press Release," CEO Lawrence Adams stated. The company expects to receive back a fully executed LOI early next week, and will release details of the transaction at that point.

"We are excited to begin the acquisition strategy mentioned in my initial Press Release"

Forward-Looking Statements

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," and "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).


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