P2P Secures 23 million multi year purchase order
Chicago, IL / ACCESSWIRE / June 27, 2014 / Wham Inc. (OTC: WFMC) (a florida corporation) announced today an update to its Investment Partnership with P2P, LLC.
Update on P2P LOI
"Greetings shareholders; our apologies on the delay of releasing our LOI with P2P but this week has been very hectic. Nonetheless our goal remains on course and steadfast in our commitment to increase shareholder value and confidence.
P2P has been in talks with one of the top 5 largest and oldest US based taxi companies for some time. Currently, with a fully executed MOU on key supplier-agreement terms for the initial 5-year contract term, P2P is days away from executing the supplier agreement with this nearly 70-year old US taxi company.
This taxi cab operator has been looking to find more modern, more high-tech, and more lucrative ways from the taxi-top advertising campaign for the past few years. However, they have not been able to find a high-tech display company that could produce such custom displays that could withstand extreme heat factors (up to 230F) and also offer waterproof as well as direct-sun readability. Their idea to adopt a fully modern-class High-Definition Digital Taxi Top Displays is extraordinarily brilliant because such displays would not only up their class image as a modern public transportation operator, but also they would substantially increase the advertising revenue by being able to change, flip and play multiple HD digital advertisement contents – in comparison to the current antiquated and run-down looking plastic poster taxi top advertisements.
Due to the fact that the outdoor elements are extremely harsh (water, heat, dust, impact and so forth) and no companies were able to develop such extreme-environment outdoor displays, this new super high-tech digital taxi top advertising idea could not be realized until they found the extreme technologically advanced outdoor HD display solutions by P2P that are fully operable in between -65F and 230F, waterproof, impact-proof as well as direct-sun readable.
This taxi cab operator, through its direct and indirect global network, has already secured its incumbents to actually join in on this new high-tech program, from which all the taxi cab operators can benefit, substantially. So the scale of this business opportunity and the value of this 5-year initial supply agreement for P2P have significantly increased from its already substantial scale, exceeding $23 Million plus.”
About Wham Inc.
It is a holding corporation with a diversified group of technology companies. Its business portfolio includes companies offering technology, asset management, social media applications, mobile gaming, retail clothing and our newest addition mobile software encryption. Which Israel Vasquez claims to be "The most secure phone on the Planet" a 6 year 7 million dollar patent which will launch August 1st. Available for Android and soon Apple IOS.
This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Wham Inc, Investors Relations Department 773-885-2266
SOURCE: WHAM Inc.