BROOKLYN, N.Y., Jan. 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Nexus Energy Services, Inc. (OTCPINK: IBGR), an application development company, today announced that it will immediately commence the process of applying to FINRA to have the corporation’s name changed to Applicate, Inc. The company will also be requesting a new symbol and CUSIP number in the process. The new name will better reflect the company’s new focus in the application development genre.
Corporate Advisor, George Sharp commented, “Obviously ‘Nexus Energy Services’ is contrary to the company’s new endeavors. As an application development company, management agreed with me that ‘Applicate’ is a better indication of the new corporate vision.”
The company will announce its first development project early next week.
Corporate management reminds shareholders and potential investors that any investment in a company with a security classified as a penny stock should be considered high risk and implores the public not to invest funds which cannot be considered to be disposable.
About Nexus Energy Services, Inc. (OTC: IBGR)
Nexus Energy Services, Inc. is an application development company which is in the process of changing its name to Applicate, Inc. and will soon announce a significant project in the real estate sector.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.
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