HOLLYWOOD, FL / CRWEPRESSRELEASE / August 10, 2015 /COREwafer Industries, Inc.(OTCMKTS:WAFR) announced on December 23, 2014 that Sigur Capital had been engaged to act as lead advisor to the Company to assist COREwafer by providing introductions to established pools of international capital and to bring qualified accredited investment into the Company.
WAFR’s Board of Directors has determined that because none of the conditions have been met or satisfied by Sigur Capital and the Company has been unable to reach anyone at Sigur Capital it is therefore not in the best interest of the Corporation to continue with the Engagement any further. On August 5, 2015, COREwafer gave written notice of termination of the Agreement.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, engaged in acquiring, operating and managing subsidiary companies engaged in the development and sale of proprietary software. The goal of WAFR is to strategically acquire profitable businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
This release may contain “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of COREwafer Industries, Inc. and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully in its market segment, and the ability to complete some or all of the before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
SOURCE: COREwafer Industries, Inc.