What next? 29,000,000 shares to be issued. Hope they have a viable plan and good outside RICH investors. Otherwise, we are toast.
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CentraCan Formulates Post-Acquisition Plans, Announces Change of Management
Thursday 07/29/2010 7:00 AM ET - Marketwire
CentraCan, Incorporated (OTCBB: CTCJ) announced today that it has recently completed the acquisition of EcoReady Corporation, by issuing 29,000,000 shares of common stock to the shareholders of EcoReady. EcoReady is now a wholly-owned subsidiary of CentraCan. EcoReady subsequently changed its corporate name to PerfPower Corporation, and CentraCan will change its name to EcoReady Corporation as soon as the shareholders approve an amendment to its Articles of Incorporation to record the name change. In addition, Boris Rubizhevsky, President & CEO of EcoReady, has assumed responsibilities of President & CEO of CentraCan.
About PerfPower Corporation
PerfPower Corporation is a technology company that offers sustainable solutions to its commercial and retail customers with a new generation of sustainable electronic products. Initial products offered by the Company consist of recyclable alkaline batteries.
The "green" or sustainable technology industry is one of the fastest growing business segments in the world. The current growth rates show that there is a strong demand for sustainable technologies, products and services. The company web site is www.PerfPower.com.
PerfPower(TM) Go-Green(TM) alkaline batteries are manufactured using recycled materials and are sold through major retailers. The batteries include AA, AAA, C, D as well as 9-volt batteries for normal consumer use. The batteries come with a free recycling initiative which allows a consumer to return used PerfPower(TM) Go-Green batteries in a US Postal Service pre-paid postage box to be recycled at the expense of PerfPower Corporation, so no batteries or battery residue has to go to landfills. The recycling initiative is through the Company's web site www.iRecycled.com. In addition, a portion of each battery pack sold is contributed by the Company to Autism Speaks(TM).
About CentraCan, Inc.
CentraCan, Inc. is a holding company based in Orlando, Florida which has subsidiaries or joint venture interests providing eco-conscious products for consumer and commercial use, including alkaline batteries made from recycled materials which are sold with a free recycling initiative and advanced commercial lighting products for government and commercial use.
Forward-Looking Statements Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of CentraCan, Inc. can be found in the filings of CentraCan, Inc. with the U.S. Securities and Exchange Commission.
Investor Contact:
ir@ecoreadynow.com
407-571-6846
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