Lake Forest, IL (PRWEB) July 27, 2016
Acquired Sales Corp. (OTC Pink: AQSP) today announced that its acquisition target Aggregated Marketing Platform Inc. has changed its name to Sports 1 Marketing Corp. ("S1MC"), and that S1MC has agreed to bring "Sports 1 Marketing Virtual Gift Nights" to Barclays Center during 17 New York Islanders and 17 Brooklyn Nets regular season home games per season under a three year contract. S1MC aggregates virtual gifting programs with traditional media such as TV, radio, print, and on-site arena advertising using patent-pending software. For S1MC's press release on PRWeb visit: http://www.prweb.com/releases/2016/07/prweb13570487.htm
AQSP today also announced that its acquisition target Processing For a Cause Inc. ("PFAC") has enrolled 28 merchants in its program to date, and has more than 40 additional merchants in its pipeline.
Closing of the planned acquisitions of S1MC, PFAC and a related management company is subject to a number of conditions, including the completion of mutually acceptable due diligence, delivery of audited financial statements, completion of a capital raise of at least $4.5 million, execution of definitive acquisition documents, obtaining necessary third party approvals, and completion of all necessary securities filings.
About Acquired Sales Corp.
Acquired Sales Corp., Lake Forest, Illinois, is a publicly traded corporation of which Gerard M. Jacobs is the Chairman and CEO. Previously, Mr. Jacobs co-founded and served as the CEO of two publicly traded companies, including Metal Management, Inc., now part of Sims Metal Management Limited, the world's largest metal recycler.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this document are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of these companies' operations, or the performance or achievements of these companies or industry results, to differ materially from those expressed, or implied by the forward-looking statements. Acquired Sales Corp. undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Acquired Sales Corp.'s filings with the U.S. Securities and Exchange Commission.