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🞛 This publication is a summary or evaluation of another publication
January 23, 2012 15:45 ET
Evader, Inc. (EVDR) Addresses OTC Markets Icon Rank
HENDERSON, NEVADA--(Marketwire - Jan. 23, 2012) - Evader, Inc. ([ http://www.evadercorp.com/ ]) (PINKSHEETS:EVDR) management is using this opportunity to address the recent OTC Markets icon rank. The company and or its agents were advised by OTC Markets that this is a simple disclosure issue as nothing has been filed for 8 months with OTC Markets for EVDR. Notwithstanding, that EVDR is a non OTC Markets subscriber [ www.bit.ly/otcrank ], and a non reporting company (A company that is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act); OTC Markets is of the opinion that a PR of company progress is not enough to satisfy its own disclosure rules.
As the current operating subsidiary ASCC is scheduled to be liquidated or that asset disposed of (as previously announced Jan 13 and Jan 20, 2012) and or as soon as that transaction is completed, new management intends to file a new Adequate Disclosure document with a legal opinion, together with the new operating subsidiary; which should address the OTC Markets Rank.
In other company updates, the company is currently in its final stages of due diligence stage visa vie securing a suitable merger candidate. EVDR management regrets any temporary, inconveniences the OTC Markets ranking and opinion has caused to its followers.
More updates will follow as events unfold and these mergers and asset sale tasks solidify further.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Evader, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Evader, Inc. cautions you that any forward-looking information provided by or on behalf of Evader, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Evader, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Evader, Inc.'s control. In addition to those discussed in Evader, Inc.'s press releases, public filings, and statements by Evader, Inc.'s management, including, but not limited to, Evader, Inc.'s estimate of the sufficiency of its existing capital resources, Evader, Inc.'s ability to raise additional capital to fund future operations, Evader, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Evader, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Evader, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.