Why EworldwireTM

Get Direct Delivery : Send your press release via the highest regarded and respected PR newswire service. All media targeting services - from writing, to video, podcast and photo - are provided in-house by the ONLY BUSINESS WIRE TO OFFER THESE SERVICES COMPLETELY IN-HOUSE. ARCHIVE YOUR PRESS RELEASE INDEFINITELY - NOT JUST 7 OR 30 DAYS- and benefit from the long-term long tail impact of your news release when the public is searching online, with no hidden costs.



Seeker Tec International, Inc.
[email protected]

Company Information :
Seeker Tec International, Inc.
3433 Highway 190 #365
Mandeville, LA 70471
Ph. 9854004262

Stock Information:

Seeker Tec International, Inc. Announces Togo Transport Acquisition

For Immediate Release

MANDEVILLE, La./EWORLDWIRE/March 7, 2014 --- Seeker Tec International Inc. (OTC Markets: SNTL) has acquired a controlling interest in Norwegian holding company JAMAC 333 AS, which in turn owns majority interest in Togo Transport Company of West Africa.

Togo Transport has recently been awarded a contract with the West African Cement Company to transport raw materials from the capital Lom, to the WACEM plants in Burkina Faso.

JAMAC has already procured its first truck which will deliver an estimated $200,000 of revenue in its first year and expects to have up to 9 trucks in operation by the end of 2014.

Seeker Chairman Mike Kendrick commented, "The Togo project fits perfectly into our philosophy of compassionate capitalism. By working with a local partner, we will boost the economic benefit of the business in Togo, whilst generating returns for our stakeholders.

"We are fully committed to growing the transport business in Togo and see it as a great opportunity to develop further interests in the region," he added.

The business was established by Jorn Rosting, who has significant experience in West Africa, and is currently working with Seeker on a number of initiatives.

"I have known Mike for a considerable time and am delighted to be working with him and Seeker on this exciting venture, which I expect to grow both quickly and profitably. This business has the potential to become a springboard for making a real positive impact on the local economy," said Rosting.

Togo is a small country of 6.5 million people, but it is growing fast, due to the strategic importance of its deep water harbour in the middle of the west coast of Africa and support from the World Bank. Seeker has a real opportunity to be a key player in the country's development.

Safe Harbor Statement

These statements reflect the company's current expectations and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. The company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The company disclaims any responsibility to update any forward-looking statements.

HTML:   http://www.eworldwire.com/pressreleases/212938
PDF:   http://www.eworldwire.com/pdf/212938.pdf
MOBILE:    http://www.eworldwire.com/mobile/212938
ONLINE NEWSROOM:   http://www.eworldwire.com/newsroom/320245.htm

NEWSROOM RSS FEED:   http://newsroom.eworldwire.com/xml/newsrooms/320245.xml
LOGO:   http://www.eworldwire.com/newsroom/320245.htm

Donald Gay
Seeker Tec International, Inc.
Mandeville, LA 70471
PHONE. 800-382-7271
EMAIL: [email protected]

KEYWORDS: Acquisition, West Africa, Seeker Tec

SOURCE: Seeker Tec International, Inc.


    • Featured

  • Client Login

    Forgot Password?
  • Newsletter