Missed that financial statement piece. Looked right past it. Look what the website has news for Saturday already prepared. We are going to the OTCBB's boys and girls!!!! Wake up people!!!
www.lecere.com click the news link. I had this happen to one other stock before, that is news before the day. LOL!
Minneapolis, MN - February 7, 2009 - Lecere Corporation, the global leader in Software as a Service for the hospitality industry, today announced that it completed its reverse merger with Full Circle Image, Inc. on February 7, 2009.
Dr. James B. Morris entered into a merger agreement, which called for Full Circle Image to acquire intellectual property owned by Morris. On February 7, 2009, Morris signed over his intellectual property to Full Circle Image, which then changed its name to Lecere Corporation. The new symbol for Lecere Corporation will be OTCBB:LECR.
"The successful completion of this transaction is a major milestone for Lecere Corporation. Our listing on the OTCBB will provide us with access to new investors, new sources of capital with which to grow our company, and greatly enhance our visibility and market awareness of our leading edge Software as a Service technology for the hospitality industry," stated Dr. James B Morris.
Pursuant to the terms of the merger agreement, the board of directors and executive officers of Full Circle Image resigned and were replaced by Dr. James B. Morris. Charles Benson remained on the board of Lecere Corporation for a period of time not to exceed 90 days. Other, permanent board members will be added to the Lecere Corporation board of directors in the coming months.
Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as, Full Circle Image, Inc. (the "Company"), by and through its management, "anticipates," "believes," "estimates," "expects," "forecasts," "foresees," "intends," "plans" or other words of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include but are not limited to: Lecere Corporation's ability to develop, manufacture and market innovative products in a rapidly changing technological environment; the Company's ability to compete in products and prices in an intensely competitive industry; the Company's ability to maintain and enforce a strong intellectual property portfolio; the Company's ability to attract sufficient capital; the Company's ability to attract and retain talented individuals; adverse changes in general economic or market conditions, and; other events, factors and risks previously and from time to time disclosed in our filings with the Securities and Exchange Commission.
