you said you had 55K in this piece of work ....How can you be so optimistic ...Looks like you sound as you did in the beginning with EFGO......How could anyone one put that kind of money into a pink...Are you for real? JG.
TORONTO, March 5 /PRNewswire-FirstCall/ - MonArc Corporation is pleased to announce preliminary 1st quarter consolidated revenues. Initial combined estimates of fees, sales, and revenues generated by the company are in the range of $3.0 million USD in the combination form of cash and accounts receivables. The company will make official statements available in its filings on Pink Sheets shortly. MonArc CEO Steen Elgaard noted, 'Our newly launched 90 day trial period has sparked a lot of interest in the past 2 trade shows held in Las Vegas and Toronto, and if we use that as an indication we may very easily surpass our 1st Quarter results in the 2nd quarter.'
Founded in 2007, MonArc Corporation is fast becoming one of the hospitality industry's leading providers of asset based systems and financing corporations in North America.
The company also operates a B2B division being a mergers and acquisitions division, which operates under the trade name IFGX.
Safe Harbour Statement
Information in this press release may contain 'forward-looking statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbour' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of MonArc Corporation's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in MonArc Corporation's periodic reports filed with the regulatory authorities.
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