American Pacific Rim Commerce Group Reissues Guidance on eCommerce Sales for Fiscal 2011
CITRA, Fla., March 10, 2011 /PRNewswire/ -- American Pacific Rim Commerce Group (OTC: APRM.PK) (www.aprcg.com), building on Revenue Guidance issued on Monday, November 1, 2010, today announced reissuance of revenue guidance related to its proprietary ecommerce platform, the underlying methodologies, testing and key revenue drivers by product category.
The Company, in deciding to reissue such Guidance, does so, in conjunction with its engagement of International Monetary as its investment and strategic advisory firm to facilitate a structured financing or capital raise to further develop the Company's proprietary ecommerce platform.
In determining the product categories, the Company relied upon published research, internal studies and noted experts. The Company's e-commerce platform, called mymyJ is under development, and translates English to Mandarin and Cantonese dialects seamlessly, so Small and Medium U.S. (SME) manufactures and producers of goods products and services can cost effectively and efficiently communicate, market and sell their goods to willing buyers in China and Hong Kong.
AMERICAN PACIFIC RIM COMMERCE GROUP |
|||
Clothing-Women's |
16.75% |
$2,123,739.20 |
|
Clothing-Men's |
14.50% |
$1,838,460.80 |
|
Books & AV Products |
8.25% |
$1,046,020.80 |
|
Cosmetics & Personal Care |
8.00% |
$1,014,323.20 |
|
Digital Products (Camera, MP3/4, DVD, etc) |
7.50% |
$950,928.00 |
|
Virtual Cards (Visa, MasterCard, Pre-paid Phone etc,) |
7.25% |
$919,230.40 |
|
Housewares & Supplies |
6.25% |
$792,440.00 |
|
Communication Products (Cell Phones, etc) |
5.75% |
$729,044.80 |
|
Toys |
4.75% |
$602,254.40 |
|
IT Products (computer, notebooks) |
4.75% |
$602,254.40 |
|
Small Home Appliances |
4.50% |
$570,556.80 |
|
Jewelry |
3.75% |
$475,464.00 |
|
Food & Health Care Products |
3.50% |
$443,766.40 |
|
Maternal & Infant products |
2.00% |
$253,580.80 |
|
Large Home Appliances |
0.50% |
$63,395.20 |
|
Other |
2.00% |
$253,580.80 |
|
100.00% |
$12,679,040 |
||
ABOUT APRM:
American Pacific Rim Commerce Group, is a development stage Company marketing "Made-in-the-USA" products and services manufactured by U.S. Small & Medium Size Businesses (SME) to consumers in Hong Kong and China through our proprietary e-commerce platform. APRM is a first mover providing SME's transactional-based solutions; promotions, sales, logistics and currency conversion that will establish our backbone as the leading on-line marketplace between Chinese consumers and SME's, launching its proprietary portal 'mymyJ' (loosely translated); "Buy & Sell Festival" in China in 2011. To find out more about APRM, go to: www.aprcg.com
Safe Harbor Disclosure:
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 provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.
SOURCE American Pacific Rim Commerce Group
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