Las Vegas, NV (PRWEB) August 14, 2008
American Pacific Rim Commerce Group (OTC: APRM) (http://www.aprcg.com), formerly Liberty Presidential Investment Funds (OTC: LPIF), is pleased to announce that it has completed the acquisition of American Pacific Rim Commerce Group, Inc. a Nevada private corporation, which is in the business of bringing goods and services made by American small to medium sized enterprises (SME) to the Asian market through a unique ecommerce platform. APRM has elected a new set of officers and directors, headed by CEO elect Mr. Andy Fan.
Andy Fan, CEO of American Pacific Rim Commerce Group, Inc., in announcing the merger stated: "We are happy that we have completed the entry of our company into the public market. All operations of the Nevada Corporation, which includes the operations of our ecommerce website, http://www.mymyJ.com, in beta-testing, are now owned by the public holding company. The reception American Pacific Rim Commerce Group and the mymyJ.com platform have received in China and the U.S. has been overwhelming. The timing of our merger and entry into the public markets coupled with the awareness the 2008 Olympic Games has brought to the world in reference to the growing market of middle-class Chinese consumers' highlights the opportunity that exists for U.S. Small and Medium sized companies to sell their goods and services in the fastest growing consumer market in the world. Our platform, mymyJ.com will be the first such eCommerce platform in the world which facilitates those transactions in a user friendly, secure environment for both the consumer and the seller. Our mymyJ.com site will forever change the landscape of what it means to buy and sell goods in China. "
Mr. Fan continued: "Our auditors will immediately complete an audit which complies with all rules and regulations of the SEC for reporting companies. At that time, we will file our Form 10, the drafting of which is underway, to become a fully reporting company and move our trading venue to the Bulletin Board. As soon as we complete beta-testing and officially launch our website, we will apply for our NASDAQ listing." Mr. Fan stated further, "Because of my background and public persona in China, APRM is also determined to seek dual listing status with the Hong Kong Stock Exchange. The ability of Chinese consumers to trade in the U.S. markets coupled with bringing "Made in America" products to over 300 million middle class Chinese consumers makes our HKE application a natural extension of our business model. We want to offer Asian stock investors the same opportunity as U.S. investors to own and hold our shares"
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
SOURCE: American Pacific Rim Commerce Group
American Pacific Rim Commerce Group
3722 Honey Crest Drive, Las Vegas, NV 89135
Tel: (702) 487-2489
Tel: (702) 685-9982
MGI Consultants, Inc
43 South Pompano Parkway, Suite 106
Pompano Beach, Florida 33069