NEW YORK, March 15, 2012 /PRNewswire/ -- Action Products International, Inc. (OTC Pink: APII), parent company of North East Expedite Logistics & Core Wafer Systems, Inc., hits green on the OTC Pink Sheets.
Succeeding in becoming a fully current public company was something promised to the shareholders of APII, and the company has produced in every aspect of their new direction while restructuring the company and moving steadily ahead.
Gary Polistena, CEO of Action Products says, "We've reached a major milestone and are happy to have successfully 'Gone Green' on OTC Markets. We now move forward with an even stronger Board of Directors with the addition of Lt. General Thomas Stafford (ret.) NASA astronaut (former) as our Chairman. The General has overseen and produced technology of such historical significance and now he brings that with him to APII. We have some very exciting technology coming out of Core Wafer and utilizing the business and technical influence of the General, I believe that this technology could quickly become ubiquitous within the testing arena."
As APII continues an aggressive path towards reaching their goals, they are completing their selection of an audit firm.
Teresa McWilliams, CFO of APII states, "We will immediately begin preparing an S1 Registration Statement so that it will be ready to file as soon as the audits are completed."
Look to APII for great things to come.
About Action Products International, Inc.
Action Products International, Inc. (OTC Pink: APII.PK) is the parent company of North East Expedite Logistics, a transportation company; and Core Wafer Systems, Inc., a technology leader with a propriety parallel measurement schema for physical phenomena of semiconductor structures. Additional company information can be obtained on the company website at: http://www.actionproductsinternational.com.
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Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
SOURCE Action Products International, Inc.