Alpha Lujo Enters Into Share Exchange Agreement With Electric Vehicle Battery Manufacturer, Zentric, Inc.; Alpha Lujo's CEO N...
July 26 2011 - 9:00AM
Marketwired
Alpha Lujo, Inc. (OTCBB: ALEV) (OTCQB: ALEV) announced today that
it has entered into a Share Exchange Agreement with Zentric, Inc.
(OTCBB: ZNTR) (OTCQB: ZNTR). William Tien, CEO of Alpha Lujo, will
also serve as President and Director of Zentric, Inc.
Mr. Tien remarked, "I am pleased to complete the Share Exchange
Agreement and to be appointed President and Director of Zentric.
Zentric will start to provide and supply Alpha Lujo with batteries
by the end of 2011."
To view Alpha Lujo's news website, please go to:
www.alphalujo.com.
For further information on Zentric, please go to:
www.zbatt.com.
Forward-Looking Statements: Statements in this press release
relating to plans, strategies, economic performance and trends,
projections of results of specific activities or investments, and
other statements that are not descriptions of historical facts may
be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking information is inherently subject to
risks and uncertainties, and actual results could differ materially
from those currently anticipated due to a number of factors, which
include, but are not limited to, risk factors inherent in doing
business. Forward-looking statements may be identified by terms
such as "may," "will," "should," "could," "expects," "plans,"
"intends," "anticipates," "believes," "estimates," "predicts,"
"forecasts," "potential," or "continue," or similar terms or the
negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance or
achievements. The company has no obligation to update these
forward-looking statements.
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Contact: Jack Eversull President The Eversull Group, Inc.
972-571-1624 214-469-2361 Email Contact
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