SARASOTA, Fla., Sept. 28, 2010 (GLOBE NEWSWIRE) -- Resource Exchange of America Corporation (OTCBB:RXAC), a Florida-based recycling company, is happy to announce that a research firm, Awareness Research Inc., has made an Initiating Coverage Report containing a description of RXAC, its industry and markets, fair market value, financial results, risks and disclaimer. Although the Company assisted Awareness Research in a limited capacity by providing information about the Company's current and anticipated business development plans, the Company does not endorse any price predictions or valuation methodology used by Awareness Research in the preparation of its Coverage Report. Among other things, Analyst Jose Rasco explains in the report that "RXAC's integration model is well-timed," and that "RXAC is well positioned to take advantage of global growth for recycled metals," in part due to its "good connections abroad."
The full report can be downloaded from
About Awareness Research Inc.
Awareness Research Inc. is an investment research firm providing coverage of microcap and small-cap stocks, as well as industry analysis across businesses, industries or themes. Awareness Research is headed by Jose Rasco, a former Merrill Lynch Investment Strategist, who is utilizing a combination of top-down macro analysis with fundamental bottom-up analysis, which helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks.
About Resource Exchange of America Corporation
Resource Exchange of America Corporation is working to become a recycling powerhouse by rolling up companies within asset recovery, processing and brokering of ferrous and nonferrous scrap metal. With its access to deep-water ports, the company will be able to sell the scrap metal to clients domestically as well as abroad. Resource Exchange of America Corporation will bring together the best companies within the recycling industry and elevate them to excellence, drawing on the strengths of the individual companies while combining forces to achieve synergies and be able to tackle the biggest jobs.
The Resource Exchange of America logo is available at
Disclaimer – Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company.
Please also heed important Disclaimer at the end of the Initiating Coverage Report mentioned in this press release. Awareness Research Inc. is not an investment advisor or broker/dealer and this report does not provide investment advice.
For more information about Resource Exchange of America Corporation, visit or contact Investor Relations, USA toll free 1(888)551-4115 or NY Local 1(646)405-4805 [email protected].
CONTACT: Morningstar Corporate Communications 1(888) 551-4115 Phone / Fax: (646) 405-4805 [email protected]
