Las Vegas, NV, October 01, 2015 --(PR.com
)-- San West, Inc. (OTCPink: SNWTD), announced today that it has completed the business combination between San West, Inc. and AppSwarm, Inc. Pursuant to the terms of the Definitive Merger Agreement San West, Inc. has changed its corporate name to AppSwarm, Inc. In addition, San West, Inc. has completed a 3000 to 1 share reverse.
Further, effective immediately, Mr. Frank Drechsler has resigned as the President and CEO of the Corporation. Mr. Drechsler will stay on as the Chairman of The Board for a limited time to see the successful transition of the company's books, records and anything else needed to ensure a smooth transition of the company.
The Board of Directors of the Corporation have determined that it is in the best interests of the Corporation and its Shareholders to appoint Mr. Ron Brewer as President, Chief Executive Officer, Secretary and Chief Financial Officer for the Corporation and is to hold such positions in accordance with the Articles and Bylaws of this Corporation until their successor(s) are appointed by the Board of Directors in accordance with the Articles and Bylaws of the Corporation.
About AppSwarm, Inc.
Established in 2011, AppSwarm™ is an application incubation firm dedicated to acquiring applications for all forms of devices. We have resources most small firms or young entrepreneurs and application developers usually do not have to market applications the most effective way possible. We have agreements in place with all of the major application stores so we can fast track projects. We offer complete, end-to-end services for mobile application development across all major platforms including Apple iPhone, RIM’s BlackBerry, Google’s Android, as well as Microsoft’s Windows Mobile. With our extensive experience in the mobile space we cannot just give applications a technical hand, but can be a strategic partner in leveraging this dynamic mobile world towards increased business efficiency and effectiveness. For more information visit www.app-swarm.com.
Forward Looking Statements: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SNWTD's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.
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