Wisebuys, Inc. Shareholder to Cancel Up to 1.8 Billion Shares Recently Acquired
Key components of company's strategy to be released soon
SACKETS HARBOR, N.Y., Feb. 4, 2011 /PRNewswire/ -- Wisebuys, Inc. (Pink Sheets: HCKI) announced that the holder of the majority of its common shares, Maury Peters, shall return to the company for cancellation of the majority of his recently acquired common stock in the coming weeks. Mr. Peters acquired approximately 1.8 billion shares of the company and will soon apply to FINRA for a name change to Empire Pizza Holdings, Inc. ("Empire Pizza"). The company recently filed with the State of Florida to change its name.
Empire Pizza's founder and CEO, Maury Peters, stated, "This is the first step in restructuring the company, and in the coming days we hope to set forth our operating plan detailing the strategic direction of the company and steps that we hope create additional shareholder value."
In the company's first major transaction, Empire Pizza acquired Watertown-based Mariano's Pizza (www.marianospizza.com). Mr. Peters continued, "This is an exciting time for us heading into the Super Bowl weekend, which is usually one of the industry's best periods. With Mariano's Super Bowl specials combined with the every-day quality of our product, we are expecting a busy, busy weekend."
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect" "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
SOURCE Wisebuys, Inc.
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