Exciting things continue for Paradise Publishers. This is an update to brief you on a few fronts:
At this stage, we are still waiting on more Extension Agreements to arrive from Shareholders that have not yet submitted their signed document. I’m optimistic more will arrive shortly and we’ll be able to move forward soon. You'll be updated of any developments.
In our last update, we announced our intentions to provide mobile access to our sites and libraries. This project is already underway as we are currently converting our books into mobile-friendly formats. While this is certainly time consuming, there have not been any issues and it's progressing well.
We’re currently evaluating the possibilities of entering foreign markets with our current web properties. For example, research indicates electronic books are even more popular in countries like Japan. With a population of over 120 million in Japan alone, there many appealing new opportunities.
In preparation for our public listing, our attorneys have advised us to post all future updates on our website. Therefore, this will be the last update sent via email. For future news, please visit the Corporate News section of our website here:
Per SEC regulations, I will also not be able to divulge any information that is not already public knowledge. Everything will be posted to the website to keep everyone informed.
I look forward to sharing more news with you shortly.