EyeCity.com's CEO Addresses the Public With 4th Quarter Updates
December 15 2010 - 10:42AM
EyeCity.com, Inc. announced today that the Corporation has been
engaged with on-going negotiations with a private company whose
name has not yet been released. Over the past several weeks,
budgetary and share structure concerns have been addressed with the
advice from corporate council, protecting the interest of
EyeCity.com and the shareholders.
When asked about the direction of EyeCity.com, Mr. Wilson
commented to the fact that the New Year will be a year of "Clear
Direction." Mr. Wilson summarized this term by adding "I want our
shareholders to know that ICTY will not alter the business model
during the course of the New Year. Having a clear direction and
sustained business, EyeCity.com will have a dynamic year."
Another goal in EyeCity.com's year end plan is to finalize Pink
Sheets compliancy and to become Pink Sheets current
information. Current financials are being reviewed along with
other regulatory documentation that should make this short term
goal a reality. All of the corporate filings will be handled by
corporate council to ensure the highest level of trading
capacity.
Mr. Bradley Wilson, CEO of EyeCity.com, stated, "During the
course of the roller coaster trading, I've come to understand the
frustration of many shareholders. I take full responsibility
for the delays in forward progression as previously stated in past
releases. But, these delays do come with merit. I have a
fiduciary obligation to this organization and the shareholders
alike. Under no circumstances will I jeopardize the integrity
or the credibility of this company for the sole purpose of
unwarranted dilution of the common stock."
Mr. Wilson further stated, "The new acquisition will allow
EyeCity.com a shared revenue stream that will greatly increase our
market cap while providing a foundation for future growth. As
CEO, my perseverance will prevail until each and every person that
believes in EyeCity.com feels confident in their positions."
Safe Harbor Statement -- This release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements contained in this release that are not historical facts
may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain.
Actual performance and results may differ materially from that
projected or suggested herein due to certain risks and
uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approvals for anticipated
actions. Such statements are based on management's current
expectations and are subject to certain factors, risks and
uncertainties that may cause actual results, events and performance
to differ materially from those referred to or implied by such
statements. In addition, actual or future results may differ
materially from those anticipated depending on a variety of
factors, including continued maintenance of favorable license
arrangements, success of market research identifying new product
opportunities, successful introduction of new products, continued
product innovation, sales and earnings growth, ability to attract
and retain key personnel, and general economic conditions affecting
consumer spending. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date hereof. EyeCity.com does not intend to update any of
the forward-looking statements after the date of this release to
conform these statements to actual results or to changes in its
expectations, except as may be required by law.
CONTACT: EyeCity.com, Inc.
Mr. Bradley Wilson, CEO
407.575.0026
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