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October 23, 2006 12:30 PM ET
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eCarfly, Inc. Announces the Signing of the ``Plan of Merger`` With CompleteAuto and eAutoDrop
October 16, 2006 06:00:14 (ET)
DALLAS, Oct 16, 2006 (BUSINESS WIRE) -- eCarfly, Inc. (Pink Sheets:ECFL) today announced the "Plan of Merger" between eCarfly, Inc., CompleteAuto, Inc., and eAutoDrop, Inc. has been signed. Now that "Plan of Merger" has been signed, Articles of the Merger have to be filled with the Florida Secretary of State as well as the Minnesota Secretary of State. After receiving the returned file stamped copies from the states of Minnesota and Florida, and proper notification to the shareholders has been issued, the merger will be consummated.
Desmond Milligan, CEO of eCarfly stated, "I'm very excited this merger is finally in the closing. eCarfly can now begin to show actual revenues to our shareholders as well as generating new business." Desmond Milligan further stated, "Our plan to move from the Pinks to the Bulletin Board is right around the corner."
About Complete Auto:
Founded in 2004, CompleteAuto is headquartered in Orlando, FL and is proud to have been selected by eBay, Inc. as a joint marketer. Currently there are agreements in place between eBay, Inc. and CompleteAuto. CompleteAuto offers eAutoDrop Center licensing agreements only to licensed dealerships to assist private consumers with the sale of their vehicles on eBay Motors.
About eCarfly, Inc.
eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, industrial equipment, aircraft, personal watercraft auctions, and partnerships with companies and private individuals interested in selling their personal vehicles.
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.
SOURCE: eCarfly, Inc.
eCarfly, Inc., Dallas
Desmond Milligan, 214-292-6622
1-877-322-7359
info@completeauto.com
Copyright Business Wire 2006
Everything I post is 100% my opinion and should not be taken for fact.
