$IPRU news out! Closed at .077 yesterday, but hit
Post# of 144502
Innovative Product Opportunities, Inc., Pursues Market Development Company as Acquisition Target
http://www.accesswire.com/viewarticle.aspx?id=420643
09/24/2014 [ACCESSWIRE]
Majority Partners in Talks
TORONTO, ON / ACCESSWIRE / September 24, 2014 / Innovative Product Opportunities, Inc., (OTC Pink: IPRU) (PINKSHEETS: IPRU), a research and product development firm, is excited to announce that our first acquisition target has been identified.
Nadav Elituv, CEO of Innovative Product Opportunities Inc. stated, "We are very excited for the possibility to acquire a majority control of the target company that specializes in market development and industry representation." Mr. Elituv continued, "Over the next few weeks some major milestones are taking place with the company and as they are achieved several of the majority partners have expressed an interest in joining forces with us to grow the business."
"Upon successful completion of these milestones the majority of the partners will begin further discussions on entering into a binding letter of intent to acquire a majority interest of the marketing company to be run under the IPRU banner," concluded Mr. Elituv.
About Innovative Product Opportunities, Inc.
Innovative Product Opportunities, Inc. http://www.ipoinc.net is research and product development firm meeting the ideas of show designers needs in light tracking. The company plans to identify, design, produce & bring to market new and innovative automated stage lighting products for select clients. For more information visit our website at http://www.ipoinc.net.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
CONTACT:
Innovative Product Opportunities, Inc.
info@ipoinc.net
Investor Relations:
ir@ipoinc.net
347-789-7131 (New York)
http://www.ipoinc.net
SOURCE: Innovative Product Opportunities, Inc