3D Entertainment Holdings, Inc. a Wyoming Corporation dba 3D Eye Solutions Inc (OTC Pink: TDEY) (PINKSHEETS: TDEY) (The Company), today, is excited to announce another chapter in growth through Mergers and Acquisitions.
3D Eye Solutions, Inc. entered into an acquisition agreement with Mr. George Edward Bingham, MyWorx LLC and a host of his companies.
The MOU is structured whereby 3D Eye Solutions (TDEY) will acquire MyWorx LLC (MyWorx) and integrate the company's sales force and Matrix Software, while creating a whole new Sales and Marketing concept in a publicly held Holding Company, TDEY. The deal terms are structured around TDEY acquiring all the assets and management with company's 144 (common stock) and launching MyWorx as a wholly owned subsidiary and sales and marketing organization of TDEY. The Definitive Agreement and Closing is slated for the End of June 2014.
Mr. George Bingham will continue to lead his team as the CEO and will retain all his sales people and Management.
"As a Network Marketer I have built many top organizations in the nation as well as the fastest growing organization in the nation. I have achieved titles as Presidential Director, Diamond and Pearl Distributors, and number one first year organization nationally. Presently I am the CEO and Managing Partner for MyWorx LLC. We have acquired the ability to be the Exclusive Distributor Globally for Empower Pads (Feminine Products) a 100 million dollar industry on its own. We are focused on a group of very exclusive Health related products. We anticipate being one of the fastest growing MLM's in history. With our current attrition less than 20%, this is unheard of in this industry. I'm extremely excited to merge my companies and services with 3D Eye Solutions Inc. I have always been impressed with their management and now my organizations will contribute to their (TDEY) new expanded business plan and growth initiative," stated George Edward Bingham, CEO of MyWorx.www.myworxllc.com
My Worx LLC and the rest of 3D Eye Solutions Family of companies will be relocating to a new building in Dallas, Texas.
Our sister company, PBS Holding Inc. signed a lease to rent the entire 27,000 sq. ft. building located at 1322 Round Table, Dallas Texas. This will be the new home for Jazz Candles and the location of the E-Cig Company. We will continue to keep you updated with developments as they happen.
About 3D Eye Solutions Inc.
3D Eye Solutions Inc entered their market space with revolutionary 3D Marketing initiatives and devices. The 3D technology included 3D phone Apps, Film and Video Conversions and 3D original Productions using both 3D glasses and "glassless" 3D technologies. In 2014, with a new management and an expanded view of growth possibilities, the management decided to expand its plan and include new project developments and implement an aggressive expansion and growth initiative via strategic Mergers and Acquisitions. The Company intends to target cash-flow and revenue producing companies and projects. "Year to date, our company concentrated on new technology development and research and implementation, which kept us as a "development stage company," with relatively low or no revenues. I came in to increase the shareholders value by adding acquisitions and projects that are currently producing revenues and have a potential for explosive growth because of the backing and association of being a publicly trading company. Although we will continue to grow and develop projects that the previous management started, I will concentrate on revenue generating projects and pushing the company to explore and take advantage of currently hot and growing markets such as Marijuana related fields and MMJ related marketing sectors and acquiring revenue generating sales and marketing organizations," said Barrett Bott, CEO of 3D Eye Solutions Inc.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
3D Eye Solutions Inc
SOURCE: 3D Eye Solutions, Inc.