Aluf Holdings, Inc. $AHIX News Last updated 12/2
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Last updated 12/26/2016 - 0.0002
COREwafer Industries Inc. to Purchase Innovative Ebola App for Android/iPhone Market
Oct 27, 2014
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COREwafer Industries Inc., (OTC Pink:WAFR), announced today that is developing a US app for Ebola newsfeeds that would link them to IPhone/Android users. The app allows users to access popular newsfeeds, place an order with retailers that sell preventive Ebola gear, and follow its status from the time the order was placed to the moment the products are being delivered. In addition, it also allows donations to worldwide organizations that support the cause.
CFO Teresa McWilliams comments: "We're very excited to develop this app to help in this fast growing epidemic. We have some very exciting plans and events for COREwafer that are now coming into fruition, as we continue to provide shareholder value."
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit our new website at www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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, 866-793-1110
Chief Financial Officer
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Announces MOU for Joint Venture for Future Product Development and Business Opportunities with Hopskoch
Oct 22, 2014
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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced that they have signed a memorandum of understanding (MOU) with New York-based Sifr, Inc. d/b/a Hopskoch (“Hopskoch”), a private company. The agreement calls for both parties to establish a joint venture for the operation of joint product development, introduction of business, new business development and marketing, and future sales activities. This is just one of the opportunities the Company has identified since they began to receive Letters of Intent from possible strategic alliance candidates which include, other possible joint ventures, strategic partnerships and/or alliances, mergers and acquisitions and other possible transactions.
Hopskoch’s primary product is a Software-as-a-Service (SaaS) marketing platform for marketing professionals and their clients to collaboratively author, distribute, and measure the effectiveness of interactive marketing across multiple channels. The platform offers tools to gamify customer interaction, using game mechanics in a non-game context to engage users for marketing purposes. The platform also facilitates transmedia storytelling, a customer engagement technique involving the creation of an interactive experience across multiple platforms and formats using current digital technologies.
“We are very excited about the opportunity to partner with COREwafer. We expect that this relationship will help us to extend our leadership, expand our current offerings and launch some strategic initiatives that have been under development,” said Marty Monaco, Founder and COO.
“This joint venture with Hopskoch is a major milestone toward our goal of establishing a strong financial position, and delivering long-term value for customers and shareholders,” said Cyril Moreau, President and CEO of the Company.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit our new website at www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Signs LOI to Partner with SEMATECH
Oct 10, 2014
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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced the Company has signed a Letter of Intent with SEMATECH, a 12-member global consortium of major computer chip manufacturers. This LOI as an expression of the joint interest to work together on SEMATECH’s Device Characteristic Measurement Project focusing on establishing architecture of the electrical measurements software, which can identify and direct sequences of comprehensive measurements allowing to extract device characteristics (“Project”). The intent of the LOI is to continue the formal dialogue and in-depth discussions regarding the costs, rights and obligations for the Company and SEMATECH to work together on the Project.
“We are pleased to have this opportunity to continue with another phase of our partnership with such an established and well-respected consortium”, said Cyril Moreau, CEO of COREwafer Industries. “This alliance with SEMATECH will allow us to expand our comprehensive characterization software library which addresses our industry’s manufacturing needs".
About SEMATECH
For over 25 years, SEMATECH®, the international consortium of leading semiconductor device, equipment, and materials manufacturers, has set global direction, enabled flexible collaboration, and bridged strategic R&D to manufacturing. Through our unwavering commitment to foster collaboration across the nanoelectronics industry, we help our members and partners address critical industry transitions, drive technical consensus, pull research into the industry mainstream, improve manufacturing productivity, and reduce risk and time to market. Information about SEMATECH can be found at www.sematech.org. Twitter: www.twitter.com/sematech
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit our new website at www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Announces Reverse Stock Split
Aug 27, 2014
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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced it has filed for a 1-for-150 reverse stock split. This is the final milestone for the company as it now prepares to file for its OTCQB listing. The effective date of this split is August 28, 2014.
Cyril Moreau, Chief Executive Officer of WAFR, commented, “We have elected to effect a reverse stock split as part of our efforts to becoming a fully reporting company by up listing onto the OTCQB in order to better align the stock price with the company’s accomplishments and financial objectives. We believe this transaction will broaden our shareholder base and increase the appeal of the stock to institutional investors. Further, it should provide benefits to our shareholders by enhancing long-term shareholder value.”
As of the effective date, the Company’s common stock will trade under the symbol “WAFRD” for a period of 20 trading days as a result of the reverse stock split, and common shares will also trade under a new CUSIP number.
Shareholders are not required to send in their current certificates for exchange. Following the reverse stock split, each stock certificate representing issued and outstanding shares of common stock will represent a fewer number of shares. The Company’s shareholders of record will receive a letter of transmittal and instructions from the transfer agent, VStock Transfer, regarding procedures for submitting their stock certificates in connection with the reverse split. Those shareholders holding common stock in “street name” will receive instructions from their broker if they need to take any action in connection with the reverse split. In the meantime, each outstanding certificate that represented shares of common stock of WAFR prior to the Reverse Split will thereafter represent shares of common stock in the post-split amount.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Announces Another Successful Step Toward Up-Listing
Aug 25, 2014
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COREwafer Industries, Inc., (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) the creator of proprietary software with installations worldwide, today announced that as of July 29, 2014 it has contracted with VStock Transfer, LLC to replace Registrar and Transfer Company as the Company's Transfer Agent. VStock has the ability to continue to process the Company's shares electronically and more efficiently by using the DTCC system and FAST system. The DWAC and DRS processes offer a many benefits to shareholders. The electronic systems greatly reduce the amount of time required to transfer and deliver securities, thereby significantly accelerating the settlement process for shareholders. They also eliminate the risk of losing physical certificates, as well as the higher transportation and handling costs associated with such certificates causing many trading errors and the loss of money for Investors.
Teresa McWilliams, CFO COREwafer Industries states, “In today's electronic environment, it was vital to the Company's growth that we maintain a transfer agent that provides such services. This is one of a few more steps that we will take as we approach this new milestone of being a fully reporting company on the OTCBB.”
About VStock Transfer
VStock Transfer is a stock transfer agent providing best-in-class service combined with a cost savings structure. VStock Transfer offers a unique combination of technology and proactive, energetic, personalized and experienced customer service. VStock Transfer offers services online that provide you and your shareholders with up to the minute data, reports and powerful online tools to enhance your stock transfer experience and make stock option administration a seamless process. VStock Transfer works with private companies, IPOs (OTCBB and NASDAQ) and public companies of all sizes.
VStock Transfer, LLC - 77 Spruce Street, Suite 201, Cedarhurst, NY 11516
Main: 212-828-8436
Direct: 610-765-1265
Mobile: 646-808-6071
www.VStockTransfer.com
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Announces OTCBB Uplisting
Aug 22, 2014
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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) the creator of proprietary software with installations worldwide, today announced that the Company intends to file its Form 10 submission early next week. This milestone comes on the heels of COREwafer Industries, Inc. management making drastic changes and advancements in its business plan, consolidation of its debts and expansion into the Social Media sector.
"It is exciting to take these last steps toward being a fully-reporting company and we believe this uplisting will enhance investor accessibility and serve as a stepping stone to listing COREwafer on a national exchange,” said Teresa McWilliams, Chief Financial Officer of COREwafer. “We have put a lot of effort into improving the accounting, reporting and internal controls at COREwafer and are excited to be able to provide timely, accurate financial information to shareholders and prospective investors."
"The process of moving from the Pink Sheets and into full SEC compliance has been costly and time consuming but was, in our opinion, one of the best things we could do for our company and its shareholders," said Cyril Moreau, Chief Executive Officer of COREwafer Industries, Inc. "I believe this considerable effort will better position the company for the future and open WAFR to a new community of prospective shareholders who would not have considered us on the lower exchange."
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Inc. Explores Acquisitions in the Social Media Sector
Jul 25, 2014
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COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company who’s wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced it is expanding its business plan following the recent completion of its audited financials & announcement of its initiation of the uplist process to the OTCQB with plans to enter into the rapidly growing social media sector.
Teresa McWilliams, Chief Financial Officer of COREwafer, commented, "The Company intends to offer additional services to social media publishers or influencers, such as a blogger or tweeter to share sponsored content with their social network audience through a range of social channels, such as blogs, Twitter, Facebook, Instagram, Tumblr, LinkedIn, and others. We plan on serving a range of small and large businesses as well as advertising customers in various industry segments comprising consumer products, retail/eTail, technology, and travel. Our plans include strategic acquisition opportunities to create shareholder value in annual revenue and profits once we complete the up-listing of our securities. We've been communicating with several target Companies so that when we complete the filing process and up-list our securities to the OTCQB we'll be prepared to execute our growth strategy."
Two-thirds of online adults (66%) use social media platforms such as Facebook, Twitter, MySpace or LinkedIn. These Internet users say that connections with family members and friends (both new and old) are a primary consideration in their adoption of social media tools. Roughly two thirds of social media users say that staying in touch with current friends and family members is a major reason they use these sites, while half say that connecting with old friends they’ve lost touch with is a major reason behind their use of these technologies. Other factors play a much smaller role—14% of users say that connecting around a shared hobby or interest is a major reason they use social media, and 9% say that making new friends is equally important. Reading comments by public figures and finding potential romantic partners are cited as major factors by just 5% and 3% of social media users, respectively. (The Pew Report).
Here are some social media statistics:
In May 2013, 74% of women were users of social networking sites, compared with 62% of men.
Between February 2005 and August 2006, the use of social networking sites among young adult Internet users ages 18-29 jumped from 9% to 49%.
72% of all Internet users are now active on social media.
18-29 year olds have an 89% usage.
The 30-49 bracket sits at 72%.
60 percent of 50 to 60 year olds are active on social media.
In the 65 plus bracket, 43% are using social media.
71% of users access social media from a mobile device.
There are now over 1.15 billion Facebook users.
47% of Americans say Facebook is their #1 influencer of purchases.
70% of marketers used Facebook to gain new customers.
There are now over 1 billion with Google+ enabled accounts and has reached 359 million monthly active users.
Google+ is growing at 33% per annum.
The 45 to 54 year old bracket increased its usage on Google+ by 56% since 2012.
There are now over 550 million registered users.
34% of marketers use Twitter to successfully generate leads.
There are over 215 million monthly active users of Twitter.
COREwafer Industries, Inc. is currently in the initial phase of discussions with one particular social media company who is a self-service, SaaS based solution, which provides a toolset that simplifies the creation of web and social experiences, rewards, and real-time analytics to help brands boost participation and monetize loyalty. Cyril Moreau, President and CEO, stated, “We are excited to begin the due diligence process on this target acquisition who’s capabilities include Real-Time Marketing and Live Events; User Generated Content; Annotated Video and Audio Content; Story Branching; Mobile Content; Augmented Reality; and Interactive Games however with this addition of direction to our business plan we will be seeking various other acquisition candidates as a merger and acquisition holding company.”
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a merger and acquisition holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Announces it has Initiated the Process of Uplisting to the OTCQB
Jul 16, 2014
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HOLLYWOOD, FL – COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced that it has initiated its uplist process to the OTCQB since posting its financial audit for the Company's 2012 and 2013 year-ends.
With the completion of the audited financial statements, the Company is now filing to become fully reporting. The Board of Directors has elected to file a Form 10 registration statement under the Securities Exchange Act, which automatically becomes effective 60 days after the filing with the SEC, at which point the Company will be fully reporting.
CFO Teresa McWilliams stated, “The Company is excited about this improvement in the market categorization of the company as it relates directly to the improvement in our management and in our level of financial and corporate disclosure to its shareholders. We have worked toward this for some time now, and this uplisting will demonstrate our commitment to our shareholders and in building a great company with great progress on the way. Our current and future shareholders should all be very pleased with this milestone development for the company."
The Company's stock has been trading on the OTC Markets under the "Current Information" tier of the OTC Pinks since November of 2009, providing current and adequate financial statements and corporate reports on a quarterly and annual basis. In late 2013, the Company retained R.R. Hawkins and Associates International, PC, a certified public accounting firm located in Los Angeles, CA and registered with the PCAOB (Public Company Accounting Oversight Board) to perform the 2012 and 2013 audits.
OTCQB companies must be registered with and reporting to the SEC or a U.S. regulatory agency. Approximately 4,000 companies are currently listed on the OTCQB. The Company plans to build on its successful progression in seeking acquisitions, successful rebuilding of our subsidiaries and will continue working towards meeting the listing requirements for trading on the OTCQB with a future seeking a further tier stock exchange such as the AMEX, NYSE, Euronext or NASDAQ.
Cyril Moreau, President and CEO, stated, "Becoming fully audited was among the most significant steps towards moving to a senior exchange and becoming a fully reporting public company. All material adjustments are now reflected according to PCAOB auditing standards.” Mr. Moreau continues to say, "For investors, these plans promise more Company transparency. For us, that same transparency will allow us to graduate to higher markets and in this way increase the Company's visibility among the investing public."
About The PCAOB: The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, accurate and independent audit reports. The PCAOB also oversees the audits of broker-dealers, including compliance reports filed pursuant to federal securities laws, to promote investor protection.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
CONTACT:
COREwafer Industries, Inc.
Teresa McWilliams, Chief Financial Officer
866-793-1110
t.mcwilliams@corewaferindustries.com
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Inc. Continues to Update Shareholders on the Completion of Their Audit to Become a Fully Reporting SEC Company
Jul 14, 2014
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COREwafer Industries, Inc. (PINKSHEETS: WAFR) a merger and acquisition holding company that operates, manages and develops its wholly owned subsidiaries including the WAFR owned subsidiary, Core Wafer Systems, Inc. ("CWS", the creator of proprietary software with installations worldwide, announced today the completion of their audit to become a fully reporting SEC Company and issues additional updates regarding the completion of WAFR’s audit for the two years ended December 31, 2013 and 2012.
Ms. Teresa McWilliams, Chief Financial Officer of COREwafer, commented, "Our plan is to complete the process of becoming an SEC Exchange Act reporting Company as quickly as possible. We are working around the clock to ensure shareholder value and get our Form 10 ready for submission. We've discussed our plans and the timeline with the partners of the audit firm and they are onboard. And, we are pleased to have them retained as our official auditor of record. WAFR has also formally engaged SEC securities counsel, completing the team, to get the filings done for the up-listing of WAFR to the OTCQB."
McWilliams continued, "Additionally, we have numerous acquisition opportunities, in front of us, once we complete the up-listing. We have been in communications with several target companies so that when we complete the filing process and up-list to the OTCQB we'll be prepared to execute our growth strategy to create shareholder value by bringing millions in annual revenue and profits."
Earlier today the Company reported its holdings for 2012-2013. WAFR’s future plans include sequential quarterly topline increases in revenues and anticipate reporting a quarterly profit once the Company files its full results as an OTCQB company.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
Safe Harbor
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.
Teresa McWilliams
E-mail: t.mcwilliams@corewaferindustries.com
Phone: (866) 793-1110
Copyright © 2014 Businesswire. All Rights Reserved
COREwafer Industries Inc Launches New Websites; Developed in Partnership With Equisolve Website Solutions
Jun 30, 2014
Service
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COREwafer Industries Inc Launches New Websites; Developed in Partnership With Equisolve Website Solutions
HOLLYWOOD, FL--(Marketwired - Jun 30, 2014) - COREwafer Industries, Inc. (PINKSHEETS: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. ("CWS" is the creator of proprietary software with installations worldwide, announced the re-launch of its newly designed and enhanced websites www.corewaferindustries.com and www.corewafer.com
The new websites provide quick and intuitive access to financial information, news, team members, strategy, as well as extensive resources for customers with demanding offers for the semiconductor testing sector.
According to Cyril Moreau, CEO/President for COREwafer industries, "The new enhancements will ensure a superior and informative user experience for our visitors. Development and creation of the new content has taken nearly a year to complete, but we feel the new application-driven content will help guide visitors to the test solutions best suited for their needs."
Simplified site navigation and enhanced search capability make it quick and easy for the visitor to find the appropriate information.
Other website features include:
Convenient forms to request product or financial information,
New white papers and technical articles on solutions for semiconductor test sector
COREwafer news and events,
COREwafer marketing initiatives and videos
New portal for investors
These new websites were delivered in less than 6 months by Equisolve, our new partner for website and Social media.
About COREwafer Industries
COREWAFER INDUSTRIES, INC. (WAFR) is a holding company headquartered in Hollywood, FL, that currently operates and manages two subsidiary companies. The goal of WAFR is to strategically acquire businesses with strong growth potential and a solid business plan in the software and technology industries. For information, visit www.corewaferindustries.com.
CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.
About Equisolve Website solutions
Equisolve Website Solutions is a service and technology solutions company with a proprietary software platform designed specifically to manage the entire digital presence of a public company including the website, IR website, social media, and shareholder communication. For information, visit www.equisolve.com
Safe Harbor
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.
Copyright © 2014 Marketwired. All Rights Reserved