Expert Group, Inc. Releases Corporate Updates on sales and consolidation of APWC.
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SOURCE Expert Group, Inc.
TIGER, Ga., March 20, 2013 /PRNewswire/ -- Expert Group, Inc. (OTC Pink: EXPU) and American Premium Water Corporation (APWC), today announced that their respective Boards of Directors have passed resolutions allowing the organizations to consolidate. The plan will allow EXPU and APWC to operate as a single organization under the stock symbol EXPU.
According to the EXPU and APWC, the consolidation significantly enhance the value and transparency of the company. Effective immediately the previous announced licensing deal is terminated. As part of the consolidation EXPU will own 100% of all rights to Pleasant Springs Farm including Land purchase rights, Business rights and bottling rights as per the agreement with Pleasant Springs Farm and APWC.
The Consolidation of EXPU and APWC will better position the new organization to:
Capitalize on growth in the demand for Pleasant Springs Water
Ownership rights to Pleasant Springs Farm
Achieve the goals and objectives of EXPU
Provide resources for secured lending, business lines and credit facility
Increase public awareness about EXPU and APWC
Secure growth opportunities and increase Shareholder value
The Opening of the ONLINE STORE has the following direct benefits:
RETAIL PROFIT MARGINS
ESTABLISHES BRAND AWARENESS
Easy to buy
The consolidated organization will of all specialties, enhancing and increasing operational efficiencies.
"EXPU is excited at the prospect of combining forces with APWC. Therefore, Aligning our organizations gives us the ability to speak and advocate with one collective voice," said Al Culbreth, CEO. "There has never been a better time for the consolidation of our organizations. The water industry is at the center of the national agenda a vital part of the solution to the health crisis facing our country today."
"All due diligence has been completed, our combined strengths will result in an organization that is stronger and better than ever," said Mr. Culbreth. "On other company advances we are proud to announces that we launched our online store. We would like to thank our shareholders for their support and could not have done it without you," Mr. Culbreth continues. "In the coming week we begin to freight our order across the nation. We are working on a national campaign to increase our sales online. Once again we would like to say thank you to our past, present and future shareholder's."
About Expert Group Inc. dba Pleasant Springs Inc.
Expert Group, Inc. bottles and distributes pure mountain spring water under the brand Pleasant Springs. Headquartered in Tiger, GA since inception in 1995, the water has been available in 48 states and chosen thru 3 presidential terms as the premium water for the White House. The company offers high altitude, alkaline water in an all natural glass container and is designated as a premium brand by the Georgia Department of Agriculture.
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.
This press release is issued on behalf of the Board of Directors by Alfred Culbreth, CEO and Director.
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE INCLUDE STATEMENTS RELATING TO THE COMPANY'S PLANS TO ENTER INTO A MINING OPTION AGREEMENT WITHIN THE NEXT FORTY-FIVE DAYS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS ON FORM 10-K AND FORM 10-Q, RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S EXPLORATION EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
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