Geo Finance Corp. (GEFI) Signs Definitive Agreement to Purchase Revolution Lubricants, Inc.
March 19 2014 - 4:47PM
Access Wire
Las Vegas, NV / ACCESSWIRE / March 19, 2014 / Geo Finance
Corporation (GEFI) is pleased to announce, as per the news release
issued on February 19th, 2014, Geo Finance and Revolution
Lubricants, Inc. signed the definitive agreement for the purchase
of 51% of Revolution Lubricants, Inc. by Geo Finance Corp.
Revolution Lubricants, Inc. was spun off from Revolution Oil
(http://www.rev-oil.com/) a privately held company with engineering
capabilities for several products in the Industrial and
Transportation lubricants space.
Revolution Lubricants Inc., has the exclusive rights to
distribute the proprietary, and proven, products held by Revolution
Oil. The capabilities include state of the art bio degradable
lubricants for industries such as manufacturing, transportation,
government and many other industries both domestically and
internationally. As such, Revolution Lubricants Inc. contributes
several new and unique technologies in extending the limits faced
by traditional lubricants – technologies that have been tested and
proven in the field.
The Agreement calls for the initial purchase of 51% of
Revolution Lubricants, Inc. The Agreement also gives Geo Finance
Corp. the first right of refusal to purchase the remaining 49% of
Revolution Lubricants, Inc.
“We’ve completed our due diligence and believe we’ve found a
great acquisition at a great price,” stated Brian Keasberry, CEO of
Geo Finance Corp.
Further details of the Agreement will be forthcoming.
About Geo Finance Corporation:
Geo Finance Corporation is a Florida entity established to
develop and invest in energy related projects including waste to
energy, geothermal collection fields, natural gas and petroleum
production. The administrative office is based in Las Vegas,
NV.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
Statements in this document regarding the intentions, the
expected timetable for completing any transaction, benefits and
synergies of any transaction, future opportunities for the company,
expectations regarding the value and benefits of any transaction
and any other statements about Geo Finance Corporation's
managements' future expectations, beliefs, goals, plans or
prospects constitute forward-looking statements within the meaning
of the United States Private Securities Litigation Reform Act of
1995 and other applicable securities laws. Any statements that are
not statements of historical fact (including statements containing
the words "believes," "plans," "anticipates," "expects," estimates
and similar expressions) should also be considered to be
forward-looking statements. Except as required by applicable law,
Geo Finance Corporation disclaims any intention or obligation to
update any forward-looking statements as a result of developments
occurring after the date of this document.
Contact:
shareholder@geofinancecorp.us
Source: Geo Finance Corporation
Geo Finance (CE) (USOTC:GEFI)
Historical Stock Chart
From Nov 2024 to Dec 2024
Geo Finance (CE) (USOTC:GEFI)
Historical Stock Chart
From Dec 2023 to Dec 2024