Efftec Enters Negotiations With Pleazers LTD for Potential Acquisition and Other Business Interactions
29 January 2014 - 1:15AM
Marketwired
Efftec Enters Negotiations With Pleazers LTD for Potential
Acquisition and Other Business Interactions
TULSA, OK--(Marketwired - Jan 28, 2014) - Efftec International,
Inc. (PINKSHEETS: EFFI): Efftec is pleased to announce that we have
engaged the principals with Pleazers LTD S.A., a holding company
based in Costa Rica, in negotiations on a number of business
fronts. As Efftec seeks to expand and diversify our holdings,
Pleazers, and particularly the managing members of the company,
provide the basis to do so.
As a holding company, Pleazers has realized almost immediate
success from its inception forward, and is actively engaged in its
further expansion and diversification plans for 2014. Costa
Rica is known world-wide as a progressive business hub with very
close ties to the US and an active economy, particularly in the
online gaming/gambling sector. The personnel of Pleazers have
long-standing and very much active connections to the gaming
sectors, which we see as having a high potential for collaboration
between our two companies. Pleazers is also in the initial
phases of licensing/franchising their highly successful
wholly-owned retail establishment, established in 2012, a high-end
'green/organic' boutique located in the heart of San Jose, the
country's capital.
As progress moves forward during these initial phases, both
companies envision developing a very strong working relationship
and enjoying a variety of collaborations. The Company will
release more details at the earliest possible date, as negotiations
proceed and developments warrant.
Efftec International, Inc. (PINKSHEETS: EFFI) is a holding
company with four operating subsidiaries. Efftec's core focus is on
the acquisition and development of proprietary technologies. The
Company is actively expanding its footprint in the technology
marketplace through acquisitions of profitable, revenue-producing
companies with proven business models.
Safe Harbor:
This Press Release may contain, among other things, certain
forward-looking statements, including, without limitation, (i)
statements with respect to the Company's plans, objectives,
expectations and intentions; and (ii) other statements identified
by words such as "may," "could," "would," "should," "believes,"
"expects," "anticipates," "estimates," "intends," "plans" or
similar expressions. These statements are based upon the current
beliefs and expectations of the Company's management and are
subject to significant risks and uncertainties. Actual results may
differ from those set forth in the forward-looking statements.
These forward-looking statements involve certain risks and
uncertainties that are subject to change based on various factors
(many of which are beyond the Company's control).