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Thursday, 07/27/2017 10:39:23 AM

Thursday, July 27, 2017 10:39:23 AM

Post# of 2564
International Card Establishment, Inc. Announces Stockholder Update (OTC PINK: ICRD)

Business Wire Business WireJuly 27, 2017
LAS VEGAS--(BUSINESS WIRE)--

International Card Establishment, Inc. announces that it has reinstated its corporate charter with the State of Nevada. The Company, currently subject to a court-appointed custodianship, also appointed Kelani Long as its Interim Chief Executive Officer and Director. In accordance with the Nevada Corporations Code, International Card Establishment will seek to call a Special Meeting of Stockholders within sixty (60) days.

“I am hopeful that the stockholders of the Company will view the reinstatement as a vital first step for International Card Establishment to again become a viable public company.” Ms. Long stated, “while the court-appointed custodian completes its commitment to the Courts, I will be assessing potential business models as well as possible mergers for the Company.”

Management will soon seek to begin publishing “current information” with OTC Markets as part of the ongoing restructuring of the Company and in order to move to the “Pink Current Information” tier. “Our goal is to not only create value for our stockholders, but to be transparent in the process of doing so,” Ms. Long added. International Card Establishment will seek to complete any prospective business merger or acquisition transaction and to begin publishing information with OTC Markets as soon as feasible.

Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although International Card Establishment, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, International Card Establishment, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.
https://finance.yahoo.com/news/international-card-establishment-inc-announces-142500219.html

View source version on businesswire.com: http://www.businesswire.com/news/home/20170727005911/en/