UCHC’s management’s goal is to turn the remaining APT operations profitable within six (6) months.
UCHC plans to soon initiate a Valuation Report and an Audit of Prosperous Agriculture Company Limited, its farm business, in order to consolidate their financial results with the Group.
This press release is neither an offer to sell, nor a solicitation of offers to purchase securities.
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements concerning product development activities and sales and licensing activities. Such forward-looking statements are not guarantees of future performance, are sometimes identified by words of condition such as “should,” “could,” “expects,” “may,” or “intends,” and are subject to a number of risks and uncertainties, known and unknown, that could cause actual results to differ materially from those intended or anticipated. Such risks include, without limitation: that financings will be insufficient for the Company’s needs; that the economy may worsen; that the market will not respond positively to our business model or decisions; challenges arising from competition; problems encountered in commercializing our products; roadblocks experienced in sales and marketing activities; longer than expected sales processes; difficulties in recruiting knowledgeable and experienced personnel, and problems securing the necessary financing to continue operations should revenues not be sufficient to offset expenses. Further information concerning these and other risks is included in the Company’s filings with the Securities and Exchange Commission, including the Company’s most recent annual report on Form 10K and quarterly reports on form 10Q. The Company undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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SOURCE Uni Core Holdings Corporation