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UPDATE - Acology Inc. Announces Expansion Due to Growing Demand
CORONA, CA -- (Marketwired) -- 01/14/16 -- Acology Inc. (OTC PINK: ACOL) announced today that they are in discussions to buy the property at 1620 Commerce Street in Corona, California.
In discussing this and other moves that the company plans to make in the first quarter of the calendar year COO Doug Heldoorn released the following statement:
"Our analysis, based on the last quarter of 2015 and the first week of 2016 indicated that the timing was right for us to invest in this property purchase. We are in the process of expanding our printing and sales operations to keep up with the growing demand for our products and services. We anticipate, based on current and projected demand for branded and labeled products that our printing business alone will increase 400% in 2016. We are also committed to adding several new products within the first quarter of this year. Acology fields frequent inquiries from excellent companies offering their products or concepts to us. We will carefully vet these companies and products and, choosing from the best of these, introduce them to our current customer base, which now exceeds 1100. All told, the 11,000 square foot facility that we intend to purchase will increase the value of our business and give us a stable, expandable stage to sell our products and maintain firm control our expenses."
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Acology Inc. and D&C Distributors are located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880. Acology trades on the OTC under the call letters ACOL. The company's website is www.Acologyinc.com. Please send inquiries to info@acologyinc.com or call (844) ACOLOGY (844-226-5649).
Contact:
Acology Inc.
info@acologyinc.com
Source: Acology Inc.
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