OPMZ news out wow 1PM Industries, Inc. Announces N
Post# of 97987
GlobeNewswire•March 14, 2017Comment
California, March 14, 2017 (GLOBE NEWSWIRE) -- 1PM Industries, Inc. (OPMZ) announced today that the Company has contracted with a new privately held company that wishes to begin trading publicly.
CEO Joseph Wades stated, “We are pleased to announce that we have contracted with a company that is involved with the growth and development of Senior Centers in the state of California. In fact, the primary leadership of this company was involved in a similar venture several years ago that went public at over the counter status and eventually reached the New York Stock Exchange.”
Mr. Wade went on to say, “As we mentioned in the last press release, there are multiple revenue streams that we realize from each account. Collectively, we fully expect to generate well over $800,000.00 from this one contract. We have several others in the pipeline, but our primary focus at least for the next three weeks will be to get this one processed and headed in the right direction.”
Mr. Wade finished up with, “The $1,300,000 revenue that was generated as part of the first contract for 2017 along with the revenue generated from this new contract will be reflected in our upcoming filings. In addition, we have several other clients that are at different stages of the process; one in particular that should be contracting with us early second quarter. We thank you for your interest and support as a shareholder and we will keep you all posted on future developments.”
About 1pm Industries: 1pm Industries, Inc. helps private companies to become public trading entities. 1pm Industries ensures that each client is shepherded through the process of becoming a publicly traded entity and then acts as a consultant until such time that the company is capable of managing the necessary activities and requirements on their own. In many cases, 1pm Industries locks in long term contractual agreements even after a company is trading publicly depending on the experience level of the management team.
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports.
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1PM Industries, Inc.
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info@1pmindustries.com