ECFL Officially Changes Company Name to Reflect Market 99, Ltd.
Complete Auto, Inc. formerly known as Ecarfly, Inc. recently amended the company Articles of Incorporation to reflect a name change to, Market 99, Ltd.
Dallas, TX (PRWEB) October 24, 2007 -- Complete Auto, Inc. (PINK SHEETS: ECFL.PK) formerly known as Ecarfly, Inc. recently amended the company Articles of Incorporation to reflect a name change to, Market 99, Ltd. The reason behind the name change is fueled by the acquisition initiative of Market 99, Ltd., a Nevada-based company.
Over the last 12 months, Desmond Milligan, CEO of ecarfly, has been in negotiations with multiple companies in the pursuit of a possible merger/acquisition candidate for ECFL.
In April of 2007, Desmond Milligan met with the Board of Directors of Market 99, Ltd. a Nevada-based company, about the possibility of an acquisition/merger. Before any further negotiations were to take place, Mr. Milligan requested a series of milestones be accomplished by the Board of Directors of Market 99, Ltd. (Nevada). The following are a few of those milestones.
- Fully-Operational Store
- Implementation of Infrastructure
- Auditable Revenues
- Willingness to Become "Fully-Reporting" OTCBB company
As of Sept. 29, 2007, Market 99, Ltd. (Nevada) completed, achieved, and surpassed all of the set milestones. The final stages of negotiations to acquire Market 99, Ltd. are quickly approaching. We will keep all of our investors updated through this temporary website.
Please feel free to view the current photos supplied by the owners of Market 99, Ltd. (Nevada).
1st Market 99 Photos
http://www.market99.myphotoalbum.com/
Please visit www.ecflinvestor.com for additional information.
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
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