ISMG Announces New Direction for 2006
Friday March 31, 8:00 am ET
SAN DIEGO, CA--(MARKET WIRE)--Mar 31, 2006 -- US Farms, Inc. (ISMG), (Other OTC: ISMG.PK ) today announced its Board of Directors has approved and adopted a plan that will allow the company to proceed forward with a new business model targeting the Nursery Industry. The Company intends to sell a complete line of plants and gardening products.
The demand in the Southern California Region for plants and gardening products is far greater than the supply based upon research that management has performed on the overall industry. This research was based on many published reports as well as surveying several professionals in the nursery industry. Year after year, the supply for many different plants falls way short of the demands. The opportunities in this market are virtually unlimited. ISMG intends to supply all greenhouse needs and landscape needs. ISMG intends to enter this market by leasing or purchasing an existing nursery in Southern California. It is the Company's intention to enter this market during the second quarter of this calendar year. The Company currently has no material agreements at this time. The Board of Directors has adopted this plan to give the Company a direction to move forward into the future.
ISMG's President Yan Skwara stated, "As we look forward to attaining Company growth and sales, the Board of Directors felt that in the best interests of the company and its shareholders, the company would pursue business opportunities in the Nursery Industry that have presented themselves at this time. Also, the Company will evaluate a name change in the near future to reflect our new direction for 2006."
About ISMG
ISMG intends to become a full service Nursery company. The Company plans to market nursery products directly to wholesalers and retailers eliminating the intermediary.
Safe Harbor Forward-Looking Statements
Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
