REDWOOD CITY, Calif., July 14, 2009 (GLOBE NEWSWIRE) -- Nemo Motors Inc. (Pink Sheets:NMOC) announced its plan to launch a Securities Awareness Campaign beginning July 14, 2009 to July 13, 2010.
According to the company, a Securities Awareness Campaign is not unlike an advertising campaign, it is a series of advertisements and or sponsored messages that share a single idea and theme to create awareness of the company's current and future objectives and potential with the intent to attract and interest investors and or stakeholders.
A securities awareness campaign may include the hiring of investor relations personnel, launching a new web based investor relations platform, sending emails to opt-in subscribers of newsletters and or information website, placing ads on websites, sponsoring research reports, interacting on message boards and mailing press kits and information. These services can be paid and or hired by the company with the issuance of restricted shares and or cash. It is also possible that existing shareholders pay individuals and or companies to perform these services and these shareholders could pay with the transfer of shares and or cash. In either case, the company intends to provide whenever possible with a disclosure of said payment and or hiring.
Shareholders and or potential shareholders should be aware that a securities awareness campaign does not guarantee that a market will develop in the company's securities and that in the event an active market does develop, the price of the stock may not reflect the fundamental value of the company. It should be further noted that the shares are tightly held by few shareholders and this may have the result of a sudden increase in the price of the security and the same is true if the security is sold, it may result in a sudden drop in the price of the stock.
The company does not support in anyway the use of "spamming" and request that shareholders immediately contact the company in the event they receive and or are aware of such activity.
About Nemo Motors Inc.
Nemo Motors is a manufacturer and distributor of a fully recyclable electric utility vehicle named Nemo. After 5 years of research and development, testing and certifications, Nemo Motors has started to deliver its first clients this year. Nemo is an Official Supplier to Transport Canada who has formally approved our Trucks and Accessories. As of December 19, 2007, the Province of Quebec has authorized Nemo to sell & license the trucks under House of Commons vote approval (pilot project), and in addition to British Columbia, Nemo is an Official Supplier to Ontario & Alberta and is approved in 48 States in the USA. www.nemomotors.com
Important Information
About Forward-Looking Statements Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on the Company's website does not constitute a part of this release.