America's Suppliers Announces a Major Reorganization
26 Janeiro 2010 - 4:46PM
Marketwired
America's Suppliers, Inc. (OTCBB: AASL) (formerly Insignia
Solutions, Inc.), a leading Internet supplier of general
merchandise to small and medium-sized businesses and not-for-profit
organizations, today made four important announcements:
1. It redomiciled from being a UK company to becoming a US
company.
2. It started trading on the OTC Bulletin Board under the symbol
AASL (it was trading as "INSGY" on the Pink Sheets prior to
redomicile).
3. It completed its name change from Insignia Solutions, Inc. to
America's Suppliers, Inc.
4. It announced a new initiative to expand its business to sell
to consumers (previously it sold only at wholesale).
"We are highly optimistic that our new consumer initiative will
expand our business dramatically," Peter Engel, the Company's CEO,
explained. "Our wholesale business has been expanding steadily," he
added. "This new initiative should move that growth into high
gear."
"We are pleased to be trading on the Bulletin Board," said
Michael Moore, CFO. "We expect that the active trading of our stock
will now provide shareholders with increased liquidity, as well as
allowing new investors to acquire an equity interest in our
company."
"Today's announcement represents a key milestone in the
progression of our company," added Marc Joseph, COO. "We expect
great progress to be made during the year 2010."
About the Company:
America's Suppliers is the corporate parent for Dollar Days
International, Inc. DollarDays is the premiere online wholesaler
and closeout company that helps small businesses compete against
larger enterprises by offering more than 50,000 high-quality goods
at prices close to those at which large chains purchase. Minimum
order is only a case of any product, giving small businesses the
opportunity to quickly turn merchandise rather than having cash
tied up in inventory. A support system for entrepreneurs,
DollarDays International, helps small stores to compete with big
chains on both selection and price. At www.dollardays.com, small
business owners can order their goods -- ranging from decorative
items and clothing to personal care products and greeting cards --
as well as employ various proprietary technologies to instantly
create seasonal departments and marketing materials.
Forward-Looking Statements
Statements contained in this release that are not statements of
historical fact may be deemed to be forward-looking statements.
Without limiting the generality of the foregoing, words such as
"may," "will," "expect," "believe," "anticipate," "intend,"
"could," "estimate" or "continue" are intended to identify
forward-looking statements. Readers are cautioned that certain
important factors may affect the Company's actual results and could
cause such results to differ materially from any forward-looking
statements which may be made in this release or which are otherwise
made by or on behalf of the Company. Factors which may affect the
Company's results include, but are not limited to, product demand,
market acceptance, impact of competitive products and prices,
technological difficulties, the success or failure of negotiations
and trade, legal, social and economic risks. Additional factors
that could cause or contribute to differences between the Company's
actual results and forward-looking statements include but are not
limited to, those discussed in the Company's SEC filings.
Contact: Dollar Days Email Contact
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