SW China Imports, Inc. (SWCI) Corporate Update
April 5, 2013 - PRLog -- SW China Imports, Inc., a fully-reporting and SEC compliant company trading at the "OTCQB" level (the second highest-level pursuant to the OTCMarkets.com grading system) under the symbol SWCI, is pleased to announce that a comprehensive program is underway to keep shareholders abreast of future Company developments and news.
SWCI is a fledgling Company in the beauty supply and hairpiece wholesale/retail sector. Our goal is to import high-quailty, human hair and custom hairpieces for sale to national retailers. Seon Won, the founder and President of SW China, stated that "this upscale hairpiece sector is an extremely high-margin, high-potential, but as yet untapped market, where SW China Imports can make a big splash." Seon Won continued, "as we get off the ground, we will keep our shareholders informed and pledge to keep the lines of communication open."
SWCI is a DTC eligible, development stage company with nominal operations and minimal assets, which makes us a "shell" company as defined in Rule 12b-2 of the Exchange Act, as amended. Investing in our common stock is highly speculative and involves an extremely high degree of risk.
We will release future updates of the Company's progress regularly and pledge to work hard to build the Company to its fullest potential on behalf of our shareholders.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by SW China Imports, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the beauty supply and/or hairpiece industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and prospective dealings and joint venture projects. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of SW China Imports, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and changes in federal or state tax laws. For a description of additional risks and uncertainties, please refer to SW China Import Inc.'s filings with the Securities and Exchange Commission, including “Risk Factors” in its Annual Report filed on Form 10-K.