CEO LETTER TO SHAREHOLDERS
30 Junio 2013 - 2:30PM
OTC Markets
NEW YORK,
NY, June 30, 2013) - COREwafer
Industries, Inc., (PINKSHEETS: WAFR)
announces that the following letter is being released to its
shareholders:
Dear
Shareholders:
As you know by now, I took over the role of CEO for
the Company just a few days ago. It is
at this time that I want to take a moment to formally introduce
myself to all of
our shareholders and explain our plans for the future for building
a profitable
organization and an even stronger business relationship with
you.
First, a little about myself: I have served as Senior Vice
President and
Senior Director for several highly successful software companies
over the last
15 years. My track record in building high-growth software
companies
encompasses all aspects of leading, building, growing, funding, and
managing.
My leadership helped each of those companies grow exponentially.
Now, at
COREwafer Industries, I will take the company?s proven software and
traction to
scale.
Since embarking on my role as your CEO I have spent a
great deal of time assessing the company?s business in terms of
development,
revenue and future partnerships which will allow us to compete at
the highest
levels within this industry. Now, with our needs identified,
we have a
strategy in place which will help us meet those needs.
Our first step is to work more toward leveraging the
benefits of being a public company and take advantage of the
fragmented
market. Rapid consolidation over the next few years is nearly
certain and
we are ready to use our public company status to become a leader in
this
industry.
I do recognize that those of you who have followed the
Company over the years are used to the typical, lengthy
manufacturing process
and associated business model. That model doesn?t work here.
We are in
the software business, fighting for every dollar of revenue we can
get.
As such, as we build up our pipeline, there will be peaks and
valleys of
visibility. Software upgrades take from three to six months to
create,
test and launch. During this process there won?t be much to
see or to
report on for several months and then, the miracle appears.
While I know it has been a long road for most
shareholders, I must request a bit of patience in this first
year. You
won?t see new software or an upgrade for a few months, but you will
see the
momentum building and we will look to keep you updated on all of
our progress.
We have challenges on every front?from large and
?rich? competition to bad economic situations for everyone to this
industry
moving very fast. We also face increasing demands from the
customers and we
cannot sit on the sidelines hoping that everything will be all
right. We need
to be pro-active, both in fundraising and in development for the
future.
I recognize that many of you may have a number of
additional questions and to answer them the most effective way I
know how, we are
arranging to hold a conference call for shareholders for which you
will be
receiving notification from our stock transfer agent.
In the meantime, please visit our new website
frequently to watch our progress. We are looking forward to a
very
exciting 2013 and beyond!
Cyril Moreau
Aluf (PK) (USOTC:AHIX)
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