LAS VEGAS, Jan. 22, 2016 (GLOBE NEWSWIRE) — Last month, Monarchy Ventures Inc. (OTC:MONK) announced it had acquired the worldwide marketing rights to a health and fitness app currently under development for iPhone, Android, tablets and desktop computers.
On January 19, 2016, the Board of Directors, in consultation with a majority of the Company’s shareholders, approved actions to effect a corporate name change from Monarchy Ventures Inc. to i-Wellness Marketing Group Inc.
Company President, Tim Ferguson, stated, “As a tri-athlete and 7 time Ironman®, I am very excited about our new app and the feedback it can give high performance athletes like me. This name change better reflects our added business focus on technology in the health wellness sector.”
The name change will be immediately submitted for review to the Financial Industry Regulatory Authority (“FINRA”). The Company anticipates announcing the completion of FINRA review and the effectiveness of these changes in a subsequent press release.
Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with intellectual property protection, marketing and sale, manufacturing and distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact Monarchy Ventures Inc. Timothy Ferguson, President Email: firstname.lastname@example.org Phone: (702) 318-7545