New York, New York, United States of America (Free-Press-Release.com) February 7, 2013 -- SIPP Industries Inc. (OTCMARKETS:SIPC)– SIPC www.sippindustries.com is pleased to furnish its followers and shareholders with this positive general corporate update
• SIPC and the incoming merger company Spectre Worldwide is expected to execute the definitive agreement (merger agreement) within the next 7 to 10 business days. The merger is expected to be fully completed without any further advance notice.
• This is a significant event for the company. The anticipated event has caught the attention of many industry and company followers alike. The company is currently finalizing all the logistics. The definitive agreement will follow with a CEO Interview. The details of that interview including the audio content will be released as a separate release and announcement, together with links.
• SIPC current line of business is in the hot beverage industry, namely the procurement B2B space. Palm Beach Coffee The company has no plans of changing directions with this new merger. SIPC plans are to operate both the hot beverage B2B business, expand it further and enter into the private luxury liquor business with Spectre.
• SIPC plans to launch a new web site outlining the business activities of both operating subsidiaries in concert with the merger definitive agreement announcement.