EyeCity.com, Inc. Releases Shareholder Updates Regarding Acquisition Strategy for 2012

Published on Thursday, 09 February 2012 13:45 Written by TradersHuddle Staff

WINTER PARK, Fla., Feb. 9, 2012 (GLOBE NEWSWIRE) -- EyeCity.com, Inc. (Pink Sheets:ICTY) announces today, Thursday, February 09, 2012, the following update to shareholders. EyeCity.com Inc, would like to update the shareholders on the direction of the company for Q1 2012.

As previously stated EyeCity.com, Inc has always been seeking a suitable merger candidate with a primary focus on natural resource and junior mining companies.

EyeCity.com, Inc is currently in late stage negotiations  with two mining companies as merger candidates. The Company has a Non-Disclosure and Non-Circumvent Agreement with the parties. Both companies are in the advanced stages of their mining exploration, with significant holdings and mineral deposits to explore and meet the requirements for a public company. 

Completing both of these transactions is management's current primary mandate contrary to much negative public opinion. We expect to be able to announce completion of both transactions within the very foreseeable future. Until such time as a signed contract, due diligence and compliance with all appropriate regulations are completed, we are bound by non-disclosure restrictions that will not be violated by management. Part of the merger will include the recruitment and announcement of industry leading management joining EyeCity.com, Inc.

Once the merger is complete management will step down in favor of these industry experts more qualified to run the company's expanded operations.

Immediately, upon the signed execution of an Agreement, and compliance with all appropriate regulatory authorities transparent details of the transaction will be released for all shareholders and interested parties.

The Company cautions all shareholders that non-verifiable rumors are not credible. The only credible information is as officially presented as fact by EyeCity.com, Inc Management.

Kindest Regards,

ICTY Management

Bradley Wilson, CEO

Investor Relations: James Caldwell   ring: 678.772.1148

Safe Harbor Statement: 

This news release includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this news release that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified  by phrases such as "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "intends," or other words or phrases of similar import. Similarly, statements in this news release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

CONTACT: Investor Relations: James Caldwell ring: 678.772.1148