Message #6 From:
NewsBot Date: March 12, 2008 01:22:44 PM
Purio Inc. Completes the Acquisition of Purio Environmental Water Source, Inc.
On February 13, 2008, Purio Inc. (the "Company")
(OTCBB: PURO) completed the acquisition (the "Acquisition") of all of the
issued and outstanding common stock of Purio Environmental Water Source,
Inc. ("Purio"), a private Nevada corporation. Upon the completion of the
Acquisition, the Company adopted Purio's business of selling clarified and
reclaimed product water for human consumption, and agricultural,
industrial, domestic and recreational uses. Purio owns proprietary water
clarification technology suitable to a broad number of applications
including the clarification of surface water, industrial process water and
sewage. Purio's business strategy is to generate revenues through the
production, processing and distribution of clarified and reclaimed product
water. In addition, Purio intends to distribute water purification
equipment in Canada, the Unites States and internationally through license
agreements and other appropriate arrangements.
Forward-Looking Statements
This press release "contains
forward-looking statements" as that term is defined in Section 27A of the
United States Securities Act of 1933, as amended, and Section21E of the
United States Securities Exchange Act of 1934, as amended. Statements in
this press release which are not purely historical are
forward-looking statements and include any statements regarding beliefs,
plans, expectations or intentions regarding the future. Since the
forward-looking statements relate to future developments, results or
events, these statements are highly speculative and involve risks,
uncertainties and assumptions that are difficult to assess. You should not
construe any of these statements as a definitive or invariable expression
of what will actually occur or result. Such forward-looking statements in
this press release include, among others, the expectation and/or claim
that: (i) Purio's business strategy is to generate revenues through the
production, processing and distribution of clarified and reclaimed product
water; and (ii) in addition, Purio intends to distribute water purification
equipment in Canada, the Unites States and internationally through license
agreements and other appropriate arrangements.
Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others,
(i) the Company's ability to obtain and maintain adequate working capital
requirements to operate Purio's business; (ii) the Company's ability to
obtain necessary permits and approvals to operate Purio's business; (iii)
the Company's ability to market and sell clarified and reclaimed water; and
(iv) the Company's ability to negotiate and consummate license agreements
for its water purification equipment. These forward-looking statements are
made as of the date of this press release and the Company assumes no
obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those projected in the
forward-looking statements. Although the Company believes that the
beliefs, plans, expectations and intentions contained in this press release
are reasonable, there can be no assurance those beliefs, plans,
expectations, or intentions will prove to be accurate. Investors should
consider all of the information set forth herein and should also refer to
the risk factors disclosed in the Company's periodic reports filed from
time to time with the Securities and Exchange Commission and available at
www.sec.gov.
