US Mine Makers, Inc. Announces Completion of Definitive Agreement
for Leexoo Technology/Vid3g
US Mine Makers, Inc. Announces Completion of Definitive Agreement
for Leexoo Technology/Vid3g
BELLINGHAM, WA--(Marketwired - Oct 24, 2013) - ?US Mine Makers,
Inc. (OTC Pink: UMKR) and Leexoo Technology/Vid3g of Beijing China,
have completed the Definitive Agreement to finalize their merger.
This transaction now enables US Mine Makers, Inc. to enter into the
business of mobile application software development.
Through this pivotal acquisition, US Mine Makers, Inc. has
transformed itself into a technology development company,
specializing in bringing together the resources needed for them to
attain financial stability and growth. Through the management teams
of both Leexoo Technology/Vid3G and US Mine Makers, Inc. the goal
will be to bring new technologies and unique products to the
market.
Leexoo Technology Ltd/Vid3g, has received 60 million restricted
shares of US Mine Makers, Inc., in exchange for all licensing,
operational, and patent rights to consummate the merger between the
two companies. Dan Clayton CTO of Leexoo Technologies states "We
are so enthusiastic about this merger, as we can take video
technology to the next level through our mobile application.
Further we believe that our product patented with the Chinese
Academy of Sciences will make us the leader in this technology
around the world. "
Roy Bosa, President and CEO of UMKR states, "We have been
waiting for a company of this magnitude to come and join our team,
as we believe that this technology along with others in the
pipeline will give US Mine Makers, Inc. and their loyal
shareholders the ability to be significantly involved with
something major within the technology industry."
US Mine Makers, Inc. in addition has begun the process of
changing the name and symbol of the company to better reflect the
new primary direction of the company. We will provide further
updates on this subject in the very near term.?For more
information, visit the following websites at:
http://www.usminemaker.com
http://www.vid3g.com
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.