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EFactor Corp. Announces Completion Transaction with Standard Drilling Inc.

February 15, 2013

EFactor Corp., the founder of the largest niche social network for Entrepreneurs, today announced it completed its merger with Standard Drilling (STDR) and filing with the SEC, making the company a public entity.

New York NY (PRWEB) February 15, 2013

On February 11, 2013, EFactor Corp. entered into an Acquisition and Share Exchange Agreement (the “Exchange Agreement”) between Standard Drilling and EFactor.

Immediately following the completion of the merger, EFactor is proud to announce the acquisition of MCC International as the first acquisition in a series planned for this year. MCC International is an award-winning UK PR and marketing communications agency. The agency promotes high and emerging technology and science companies, as well as professional service organisations, from entrepreneur start-ups and spin-offs to global consumer brands. EFactor has indicated that it will announce a series of acquisitions, each with a product to support its members even further.

EFactor.com is the world’s largest niche social network with over one million members in 193 countries across 240 industries. Over the past 4 years, EFactor has consistently expanded its services and functionality. With its custom built matching algorithm, EFactor helps entrepreneurs to connect with the right people who can help them develop, build, grow and improve every aspect of their business, from facilitation obtaining funding and building a supply chain, through to sales, marketing, acquisition and mergers. Adrie Reinders (http://www.efactor.com/adrie) CEO stated: “Having started businesses from scratch and building them to over 1100 employees, I understand what it is to start a business from scratch. EFactor is there to support, inspire and create strong connections for and between likeminded people. More and more people across the world are starting their own business and EFactor intends to help them every step of their way in their development.”

Standard Drilling was incorporated in Nevada on July 27, 2001. At the time of its incorporation, Standard Drilling was in the business of developing and marketing easily maintained website systems, managed website hosting, search engine placement, email marketing and graphic design. Prior to the acquisition transaction with EFactor, the company did not have any business or operations.

For more information, visit http://www.efactor.com

About EFactor Corp

EFactor Corp., the world’s largest niche social network for Entrepreneurs and provides its members with the people, tools, marketing and expertise to succeed and make real, trustworthy and lasting connections. At the core of EFactor is a strong algorithm that allows members to not only connect with a lot of people, but with the right people. In addition, EFactor provides knowledge, funding access and resources to reduce business costs, delivered through a unique mix of online social networking and offline domestic and international events.

EFactor has over one million members in 193 countries across 240 industries. It is incorporated and headquartered in San Francisco.

EFactor Corp. is also the parent company to a number of subsidiary service organisations each of which adds value to EFactor’s members such as EQmentor, a company that delivers matching software for mentors to find the best mentees.

For more information, visit http://www.efactor.com

Legal Notice Regarding Forward-Looking Statements:

Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of EFactor Corp, to be materially different from the statements made herein.

Investor Contacts

Marion Freijsen – Co-Founder/COO

Efactor Corp            

Tel: +1 650 380 8280        

Email: marion(at)efactor(dot)com

EFactor email: http://www.efactor.com/marion

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2013/2/prweb10434168.htm


Source: prweb



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