CITRA, Fla., July 7 /PRNewswire-FirstCall/ -- American Pacific
Rim Commerce Group (OTC: APRM) (www.aprcg.com) announces it has
filed and published its 2nd Quarter, Information & Disclosure
Statement including related Financial Statements and the Attorney
Letter with Respect to Current Information, per the Issuer
Guidelines to the Pink OTC Market, Issuer Services. Following
typical review by the Pink OTC Markets the Company expects to
maintain its PS Current Information Tier.
Highlighting the filing for the period, the Company capitalized
$143,944 for software, hardware and
related costs associated with the development of its 'first to
market' proprietary e-commerce platform, uniting Small and Medium
Sized Business (SME) in the U.S. and ready and willing buyers in
China and Hong Kong.
Stated Raymond Talarico,
president, "We are actively pursuing the build-out of our
e-commerce platform in anticipation of launching revenue producing
operations in the 4th Quarter of this calendar year. The
continued development of that single asset is critical to our
future success. We feel it is important to keep the
shareholders and market informed as we inch closer to our goal;
launching the first e-commerce site to bring together Small and
Medium Size U.S. Businesses (SME) looking to sell their goods,
products and services to the largest consumer market in the world –
China."
ABOUT APRM:
American Pacific Rim Commerce Group is a development stage
Company marketing "Made in the USA" products and services manufactured by
U.S. Small and Medium Size Businesses (SME) to consumers in
Hong Kong and China through its proprietary e-commerce
platform. APRM is the first mover in the space to provide
transactional-based solutions for small and medium sized U.S.
businesses to promote, sell and communicate with willing buyers in
Hong Kong and China. APRM provides real-time
promotion; sales, logistics and currency conversion in the form of
modular e-strategies that we believe will establish our e-commerce
backbone as the leading on-line marketplace between Chinese
consumers and U.S. businesses. The Company anticipates
launching its branded web space 'mymyj,' which loosely translated
in Chinese, means "Buy & Sell Festival" in the 4th Quarter of
2010.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within
the meaning of the federal securities laws, identified by such
terms as "believes," "looking ahead," "anticipates," "estimates"
and other terms with similar meaning. Although the Company believes
that the assumptions upon which its forward-looking statements are
reasonable, it can give no assurance that these assumptions will
prove to be correct. Important factors that could cause actual
results to differ materially from the Company's projections and
expectations are disclosed in the Company's filings. All
forward-looking statements in this press release are expressly
qualified by such cautionary statements and by reference to the
underlying assumptions.
SOURCE American Pacific Rim Commerce Group
