Wednesday, December 06 2006 12:08 PM, EST ECFL Submits the Formal ''Terms of the Merger'' After Final Negotiations End Business Wire "US Press Releases "
DALLAS --(BUSINESS WIRE)--
eCarfly, Inc. (Pink Sheets:ECFL) announced today that negotiations are finalized and the "Terms of the Merger" have been submitted. Both companies agree that the actual Plan of Merger should be signed very soon due to the fact that negotiations ended without controversy.
"I am very excited that we can now begin to focus on real business instead of the continued battles in the board room. Being able to transition past the negotiation stage this early in the process gives me confidence that this merger will continue on track without delays," stated eCarfly's CEO Desmond Milligan
About eCarfly, Inc.
eCarfly, Inc. has closed the Chicago office and the Plano office. The corporate office is being re-located to a new area in Dallas, TX and should re-opened soon. The new address and telephone number will be released to the public when the move is completed.
eCarfly provided 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!
eCarfly is currently focusing on new business ventures that will allow for new opportunities for shareholders.
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.
