PacWest Equities, Inc. Announces 430% Increase in 3rd Quarter Sales Over 2011 Results for Wholly Owned Subsidiary, PurGro Ele...
November 05 2012 - 6:58PM
Marketwired
PacWest Equities, Inc. (PINKSHEETS: PWEID) announced today that the
3rd Quarter Sales for its wholly owned subsidiary, PurGro
Electronics, showed a 430% increase in sales over 3rd quarter
results for 2011, following the consistent sales growth trends set
in the previous two quarters.
PacWest Equities, Inc., by combining the operations of its
wholly owned subsidiaries, World Eco Source Corp. and PurGro
Electronics, is expected to quickly become the leader of
technology-based Organic Food Production companies. With its unique
mobile MobileFeed® and MobileFood® solutions for year-round Organic
Food Production, even in the harshest of climates, the Company
expects its technological advances and the automation of hydroponic
growing systems to propel the Company out front in the $50 Billion
Organic world food production race.
World Eco Source's proprietary automated growing solutions
virtually eliminate the need for human interaction in the growing
cycle, with automatic temperature, humidity, and watering
programing. Any variations in the preset optimum growing
environment causes the system to immediately send out text and
email alerts to prevent a disruption in the growing cycle. When
combined with World Eco Source's proprietary water and electrical
conservation techniques, the economic gains make the MobileFeed®
and MobileFood® systems sustainable and highly profitable.
Safe Harbor
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.The
words or phrases "would be," "would allow," "intends to" "will
likely result," "are expected to," "will continue," "anticipate,"
"expect," "estimate," "project," "indicate," "could,"
"potentially," "should," "believe," "considers," or similar
expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. These include the Company's historic lack of
profitability, end user customer acceptance and actual demand,
which may differ significantly from expectations, the need for the
Company to manage its growth, the need to raise funds for
operations and other risks within the regulation of the industry.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. The Company's
past performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company
specifically disclaims any obligation, to update any
forward-looking statements to reflect occurrences, developments,
events or circumstances after the date of such statement.
CONTACT: Media Relations Email Contact
www.worldecosource.com
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