Attached files
EXHIBIT 99.1
CME REALTY INC. TO ACQUIRE ROCK N ROLL IMPORTS
Weston, Florida - April 22, 2015 - CME Realty, Inc. (OTC: CMRL) ("CME Realty" or
the "Company") is pleased to announce that it has entered into a
Letter-of-Intent (the "Agreement") to acquire Rock N Roll Imports, Inc. ("RNR"),
a California based alcoholic beverage development, marketing, and distribution
company.
As per the Agreement, subject to certain terms and conditions, CME Realty will
acquire all of the outstanding shares of Rock N Roll Imports, Inc. in exchange
for 50,000,000 restricted common shares of the Company.
Kenneth McLeod, President of CME Realty Inc., stated, "The acquisition of Rock N
Roll Imports would immediately launch the Company into the alcoholic beverage
sector with an established line-up of unique products ready for potential
expansion and nationwide distribution. We all look forward to executing final
agreements to complete this very strategic transaction over the next few weeks."
The closing of the transaction contemplated by the Agreement is subject to terms
and conditions, including, but not limited to, completion of due diligence,
execution of definitive transaction documents between the parties, preparation
of audited and unaudited financial statements for RNR, and financing. There can
be no assurance that any transaction will be completed as proposed or at all.
CME Realty, Inc. is a fully reporting company with the Securities and Exchange
Commission (SEC). The Company's regulatory filings can be viewed at
http://bit.ly/CMRL_SEC. Further updates regarding this transaction will be made
as additional information becomes available.
INVESTOR/MEDIA CONTACT:
CME REALTY, INC. - INVESTOR RELATIONS
Email: invest@cmerealtyinc.com
Toll-Free: (888) 706-0099
DISCLAIMER/SAFE HARBOR: This CME Realty, Inc. news release contains
forward-looking statements within the meaning of the Securities Litigation
Reform Act. The statements reflect the Company's current views with respect to
future events that involve risks and uncertainties. Among others, these risks
include failure to meet schedule or performance requirements of the Company's
contracts, the Company's ability to raise sufficient development and working
capital, the Company's liquidity position, the Company's ability to obtain new
contracts, the emergence of competitors with greater financial resources, and
the impact of competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not occur as planned or
at all