M2 PRESSWIRE-March 31, 2011-OTC Tip Reporter: Lecere Corporation (PINKSHEETS: LCRE), Tootie Pie Company, Inc. (OTCQB: TOOT), China Agritech, Inc. (Nasdaq: CAGC): Sign up for our FREE Stock Alerts Today!(C)1994-2011 M2 COMMUNICATIONS
RDATE:31032011
www.OTCtipReporter.com Lecere Corporation (PINKSHEETS: LCRE), Tootie Pie Company, Inc. (OTCQB: TOOT), China Agritech, Inc. (Nasdaq: CAGC)
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Lecere Announces Strategic Partnership With TekTango
PORTLAND, Ore., March 29, 2011 -- Lecere Corporation (Pink Sheets:LCRE), a software as a service (SaaS) development company, has joined with TekTango, Inc. to integrate the iPay Mobile Point of Sale payment processing application with their flagship FIRMS restaurant management software.
The two companies have established a relationship whereby Lecere will focus its efforts on providing a fully-integrated, internet-based restaurant management system leveraging iPay Mobile Point of Sale to provide secure table-side credit card processing, tip and signature capture using mobile devices.
"The strategic alliance of Lecere and TekTango is perfectly positioned to play a major role in mobile payment processing, a rapidly-emerging new technology that promises to revolutionize the entire restaurant industry," stated Jim Morris, CEO of Lecere.
"Lecere's FIRMS restaurant management software exemplifies the type of innovation mobile devices are bringing to the market," said Russ Palermo, CEO of TekTango. "Providing an integrated payment processing application that allows wait staff to take payments at the table not only saves a lot of time, but can also provide restaurants a distinct customer experience. We are excited to partner with Lecere and look forward to playing a role in this exciting segment."
About Lecere
Lecere Corporation (Pink Sheets:LCRE) of Portland, Oregon develops and markets Lecere FIRMS(TM), an integrated, Web-based suite of interactive restaurant management software that runs on handheld wireless devices. FIRMS helps restaurants reduce their operational costs while enhancing their customers' experiences for increased revenues and profits. Visit our website www.lecere.com
About TekTango
Headquartered in Cheyenne, WY, with offices in Key Biscayne, FL, Indianapolis, IN, and Rancho Santa Margarita, CA, TekTango, Inc. is a privately held development company providing PA-DSS validated mobile payment processing software and PCI compliant credit card processing services. Our flagship product, iPay Mobile Point of Sale is a pioneer in mobile payment processing and one of the most stable, feature rich and merchant friendly mobile payment apps in the market. For more information on iPay Mobile Point of Sale visit our product website www.ipaypos.com
Safe Harbor
Statements included in this press release include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations that involve risks and uncertainties, such as our plans, objectives, expectations and intentions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including those set forth under the, Cautionary Notice Regarding Forward-Looking Statements and Business sections in the Company's filings with the Securities and Exchange Commission. We use words such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," or similar expressions, variations of those terms or the negative of those terms to identify forward-looking statements. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.
Lecere and FIRMS are trademarks of Lecere Corporation. All other legal marks are the property of their
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Tootie Pie Company Sales Up 19% for February
SAN ANTONIO -3/30/2011 -- Tootie Pie Company, Inc. (OTCQB: TOOT) announced that sales for February 2011 were up 19% versus February 2010. The Company also reported sales increases for sixteen months in a row.
"Our Tootie Pie Gourmet Cafes are the centerpiece of our accelerated growth plans, helping us off to a great start for the year," said Don Merrill, President & CEO. "Whenever possible, we are acquiring existing, operating locations that will add significant revenue, as well as a solid customer base, from day one."
"Our plan is to shift more sales into higher margin, retail sales and our Cafes play a huge role in that sales shift," Merrill added. "For the first time in our Company's history, retail sales, which include online and corporate, accounted for over 70% of our sales in a given month."
About Tootie Pie Co.
Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafes, in-store sales, orders via telephone and internet on the Company's website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company trading on the OTCQB market under the symbol "TOOT." For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.
Forward-Looking Statements
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," and "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).
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China Agritech Special Committee Announces Engagement of BDO China Certified Accountants Co., Ltd by TroyGould PC
Mar 29, 2011 7:54:00 AM
BEIJING, March 29, 2011 / -- China Agritech, Inc. (Nasdaq: CAGC) ("China Agritech" or the "Company"), a leading organic compound fertilizer manufacturer and distributor in China, announced today that the Special Committee of the Board of Directors of the Company has engaged the law firm of TroyGould PC to advise it in connection with the Committee's independent investigation of certain allegations made by third parties with respect to the Company and certain related issues. On the same day, TroyGould retained BDO China Li Xin Da Hua Certified Public Accountants Co., Ltd. to assist in the investigation with respect to various accounting issues, including specific financial transactions and customer relationships.
"We are pleased TroyGould and BDO China, which have outstanding capabilities, will be supporting the Committee in the full investigation of these issues," said Mr. G.Michael Bennett, Chairman of the Committee.
About China Agritech, Inc.
China Agritech, Inc. is engaged in the development, manufacture and distribution of liquid and granular organic compound fertilizers and related products in China. The Company has developed proprietary formulas that provide a continuous supply of high-quality agricultural products while maintaining soil fertility. The Company sells its products to farmers located in 28 provinces of China. For more information, please visit http://www.chinaagritechinc.com.
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