Peoplesway.com Accelerating Idea WebCatcher Acquisition to Incorporate Related Technologies and Companies
June 10 2014 - 7:00AM
Marketwired
Peoplesway.com Accelerating Idea WebCatcher Acquisition to
Incorporate Related Technologies and Companies
Focus Now on Increasing Company Valuation Significantly
CHARLOTTE, NC--(Marketwired - Jun 10, 2014) - Peoplesway.Com,
Inc. (OTC Pink: PLWY) (PINKSHEETS: PLWY) is exploring establishing
an early closing date on completing the Idea WebCatcher acquisition
in order to initiate complementary technologies and businesses to
incorporate into Idea WebCatcher, many in the early stages of
development.
It is anticipated that, of the 10-15 companies and/or concepts
that Idea WebCatcher partners with over the next 18-36 months, it
may review up to 500 - 900 submissions. The process will be based
on the concept of many popular talent search television programs on
air today. The difference being, we think we will have
multiple winners. We think the average market valuation for
each of the selections could eventually be in excess of $5,000,000,
or between $50,000,000 and $75,000,000 collectively. Could the next
Facebook or Google be out there waiting to be given the opportunity
to be developed?
"We believe that some of the greatest winners in web- and
cloud-based products or platforms are still to be
discovered. We intend to find several winners from the pool of
submissions and help them develop to the point that they are
generating significant revenue and are candidates to spin off into
their own public entity or will be acquired. We don't have to be
right every time to have success. We only have to be right once and
we think there are multiple winners out there waiting to be taken
to the next level." Gene Johnston, CEO.
About Peoplesway
Peoplesway.com, Inc., headquartered in Charlotte, N.C., has
historically been an international direct marketing company with an
emphasis on its proven proprietary products including products
related to the health and wellness industry. It is more
recently began targeting companies with high growth potential in
the technology sector that can be acquired.
Forward Looking Statement
Certain statements contained herein are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements involve numerous risks and
uncertainties, including, but not limited to, risks and
uncertainties pertaining to development of Company's products and
services and markets for such products and services, the timing and
level of customer orders, competitive products and service, changes
in economic conditions and other risks and uncertainties. Although
the Company believes the statements are reasonable, it can give no
assurance that such expectations will prove correct. The Company
cautions that any forward-looking statements contained herein are
not a guarantee of future performance and that actual results may
differ materially.
Contact: Investor Relations Phone: 888-876-9995 Email:
info@mscorpcommunications.com
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