Prime Estates and Developments, Inc. Changes Name to Cosmos Holdings, Inc.

CHICAGO--()--Cosmos Holdings, Inc. (OTCQB:COSM) formerly Prime Estates and Developments, Inc. (OTCQB:PMLT) announces today the change of its OTCQB ticker symbol to “COSM” from “PMLT”– effective at the start of trading on December 13, 2013.

In November, the company changed its legal name from Prime Estates and Developments, Inc. to Cosmos Holdings, Inc. The legal name and ticker symbol changes reflect the company’s transition to a holding company.

According to Dimitrios Goulielmos, the Company’s CEO and Director, “We decided to make this change to better reflect the scope and vision of the company. Additionally, we believe the Company is poised to aggressively pursue lucrative opportunities, and believe that it is appropriate that the Company pursue these opportunities as Cosmos Holdings, Inc."

FORWARD-LOOKING STATEMENTS – This press release contains "forward-looking statements" that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms including "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would," "hope," "look forward" and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. You should not put undue reliance on any forward-looking statements. Unless we are required to do so under applicable laws, we do not intend to update or revise any forward-looking statements.

Contacts

Company Contact:
Cosmos Holdings, Inc.
Konstantinos Vassilopoulos, 312-674-4529
Secretary

Release Summary

Prime Estates & Developments Inc changed its name to Cosmos Holdings Inc. and its ticker to COSM

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Contacts

Company Contact:
Cosmos Holdings, Inc.
Konstantinos Vassilopoulos, 312-674-4529
Secretary