ECFL Announcing New Business Developments and Shareholder News for ‘07
DALLAS--eCarfly, Inc. (Pink Sheets:ECFL) has announced today that all merger documents have been canceled and any future talks with Magnum Energy will discontinue. Company officials for ECFL recognized early, that the merger was not in the best interest for the shareholders.
ECFL has their eyes focused on a certain business that they feel will captivate the interest of the shareholders along with creating a new generation of business. As excited as ECFL is to announce this strategic development, NO NEWS will be brought to the public until absolute merger certainty is established and consummated.
“ECFL is in a position that will substantiate any business model. As of today, ECFL is keeping all doors open and we’re working diligently on finding the most suitable company for our team to merge with,” stated Desmond Milligan, CEO.
Mr. Milligan further stated, “I am determined to seek out a company that will afford and reward our current shareholders to see previous 'highs' with regards to our PPS.”
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.