(PRWEB) August 10, 2016
"I'd like to begin by saying thank you to our shareholders on the confidence you’ve placed in Ystrategies (OTCMARKETS: YSTR) through your investment in our stock. I wanted to bring clarity on our recent activities and provide a sense of where our new business strategy is intended to take us in the near future.
Ystrategies Corp. completed its merger with the India Ecommerce Corporation in Q2. The resulting business is the continuation of "Ystrategies", a company formerly wholly-owned by myself that capitalized on my previous experience at Intel Capital and current role as a member of the Lawrence Livermore National Laboratory (LLNL) Industrial Advisory Board (for technology transfer) and Instructor in the Department of Energy's Energy Efficiency and Renewable Energy Office (EERE) Lab Corps Program. In short, we invest capital and business expertise with startup technologies that deliver income from products, services, licenses and capital gains.
I am very excited to be working with the great team we have assembled through the merger. We have a strong, experienced Board of Directors with COO Ashish Badjatia and Chief Strategy Officer Paul Overby. With the addition of senior team members, including VP, Marketing Neil Cohen and SVP, Project Development, Robert Petchel, we are ready to address the early challenges of transactions, funding and operational execution. The team has enormous relevant experience that is driving investment, acquisition and growth strategies and proven ability to operate a growing public enterprise.
Our Go Forward Strategy
The Company acquires and manages interests in technology platforms and growth businesses with strong intellectual property positions acquired through partnership and investment based on management relationships. Ystrategies' business is based on recurring revenues from technology platforms and sales of new energy efficiency and renewable energy products to businesses and consumers.
The Ystrategies team and works with motivated scientist-entrepreneurs identified by its senior management and uses proven market based analysis to deliver quality investments. Ystrategies provides strategic support to portfolio businesses as they accelerate growth through important partnerships and build sales momentum with high quality customers.
The Company expects to close several important transactions in Q3.
We hope this note provides additional clarity on our strategic direction. If you have additional questions, feel free to email us at IR(at)ystrategies(dot)com."
Chairman & CEO