FULLERTON, CA--(Marketwired - March 31, 2014) - Acology, Inc. (PINKSHEETS: ACOL) announced today that the merger of its wholly owned subsidiary, PNCR, ACQUISITION, LLC, a California limited liability company, with and into D&C DISTRIBUTORS, LLC, a California limited liability company, became effective today. The result of the merger is that D&C is now the wholly owned subsidiary of Acology.
Acology, Inc.'s new management team includes Curtis Fairbrother, Chairman of the Board and Chief Executive Officer; and Douglas Heldoorn, President, Chief Operating Officer and also a director.
As a result of the merger, Acology, which was previously dormant, designs, manufactures, brands and sells containers that give consumers the ability easily to store, carry and consume herbal remedies, pharmaceuticals, teas and other solid or liquid content. It has developed the first polypropylene airtight, watertight, smell-proof delivery and storage system which is constructed of propylene and has a built-in grinder. Because Acology Inc. adheres closely to the rigid compliance standards of the pharmaceutical industry, it can provide medical professionals with the ability to store, mix and distribute medications in solid form without the fear of cross-contamination.
Safe Harbor Statement
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.