SOURCE: PacWest Equities, Inc.
LAS VEGAS, NV--(Marketwire - Oct 22, 2012) - PacWest Equities, Inc. (PINKSHEETS: PWEI) today announced that it has filed with the Financial Industry Regulatory Authority, Inc. ("FINRA") a request for a 3-for-1 forward split of its Common Stock. When approved by FINRA, the forward split will have a record date of October 18, 2012.
About PacWest Equities, Inc.
PacWest Equities, Inc. specializes in working with under performing companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on companies showing a positive upside while struggling to bring new bio-technologies and unique products to market.
About World Eco Source Corp.
World Eco Source Corp., a wholly owned subsidiary of PacWest Equities, has developed an environmentally conscious, Certified Organic, Mobile Food and Feed Solutions system to help offset the growing problem of worldwide food production, using a fraction of the water of typical crops in a hydroponic, solar powered environment to create a truly sustainable green life cycle farming system. Using solar powered water conservation growing systems, one trailer can produce 1500 pounds daily of organically grown grass for year round livestock consumption, lowering feed costs by 200% while producing Certified Organic, grass-fed livestock, increasing profitability of the final product. The Certified Organic Hydroponic Human Food Systems enable the rapid production of vegetables and proteins through life cycle harmonic integration of fish farms and hydroponic vegetables, with one half of the system feeding/fertilizing the other half, and vice versa.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the Company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the Company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.