LAS VEGAS / March 17, 2014 / Dakshidin Corporation
Letter from the CEO (Pink Sheets: DKSC)
I am writing to you in an attempt to reconcile the past and present as well as to shed some light on the future of our company.
The past few years have not been kind to the shareholders. That management was unable to successfully complete the company's business mission as a result of the global financial collapse is a fact. This recession caused the price of oil to drop to a level that made it more palatable for operators of electric or diesel water pumping solutions to continue using their existing infrastructure. It is unfortunate that those conditions made it virtually impossible to suitably fund the company and its operations however, that situation is evolving as oil and gas prices start to creep up again.
There is no doubt that the past seven years have been difficult for us all but I am a firm believer that every cloud has a silver lining. Given the company’s difficulties in the past, the last decade has also yielded many exciting changes and new opportunities driven by social networking and technology in general. These changes have led to a much greater global awareness of what it means to suffer personally and as a nation and as well, a much greater recognition of the suffering of others around the world. Despite these hardships, there has been a proliferation in the willingness to help others through fundraising platforms and charitable efforts utilizing social networking methods such as crowd funding. As the potable water crisis increases and ravages progressively larger areas of the third world, this company has the ability to provide a unique product that can fill a significant global need.
Many of you may have noticed that we have now successfully resolved all the issues in question with respect to the State of Nevada and OTCMarkets. Having completed that, we are currently working diligently to refocus the entire company on moving forward with a refreshed and updated vision. We anticipate that our new web presence will go online in relevant stages beginning sometime in the coming weeks.
I am excited about the challenges ahead and the new opportunities we are currently working on. Your ongoing patience is appreciated as the management team tasks itself with meeting and hopefully exceeding your expectations and we thank you for the interest you have shown through your communications with Investor Relations.
I would also like to assure you all that the company is not considering a reverse split at this time.
J. Mark Seaton
CEO - Dakshidin Corporation
Forward-Looking Statements: The information in this press release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
J. Mark Seaton,
Toll free number 1 888-818-9167
email – email@example.com
Source: Dakshidin Corporation
Release ID: 36327