NEW YORK, Oct. 28, 2013 /PRNewswire/ -- HULL Energy, Inc.,
now known as Gemini Group Global Corp. (OTC: HULL) and Orion
Diversified Holding Co, Inc. (OTC: OODH) jointly announce that they
have executed a share exchange agreement with G3's newly formed
subsidiary.
On October 18, 2013, Gemini Group Global Corp. (G3), entered
into a share exchange agreement with Orion Diversified Holding Co,
Inc. Under terms of a share exchange agreement, G3 agreed to
exchange 10,000,000 shares of its newly formed, wholly owned
subsidiary ORION DHC FUNDING, INC. (OFND) with shares of OODH
at a 1:1 exchange ratio. Upon completion, OFND will be a wholly
owned subsidiary of ORION DHC, Inc. (OTC: OODH). The
10,000,000 shares issued under this share exchange agreement will
be issued as noted under Rule 145. During the week of
October 28th, OFND intends
to file its Notice of Intent with the SEC in order to be regarded
as a Business Development Company (BDC). Shortly after completion
of this filing, OFND will complete its audit and file the required
N-54a with the SEC. Once approved, OFND will file Form 1-e with the
SEC in order to place $5,000,000.00
under the Form 1-e exemption.
"At G3, we are committed to working with quality companies that
have viable business plans and that are poised to benefit from the
BDC structure for their existing projects. The OFND BDC
subsidiary will be well positioned to assist the parent company's
rapidly expanding company operations. ORION DHC is a perfect
candidate for the BDC structure as they currently have multiple
operating sectors with several businesses ready to be rolled out as
dividends to the OODH shareholders," stated Dr. Scheer, CEO of
G3
Chairman & CEO of ORION DHC, Inc., Mr. Randy Hoff, comments on the acquisition,
"Our shareholders will be delighted to know that careful thought
has been taken by our firm (OODH) as well as by Dr. Scheer's newly
acquired firm Gemini Group Global Corp. in the structuring of
the ORION DHC FUNDING, INC (OFND). The design of this fidelity
bonded BDC is to ensure shareholders are further protected from
dilutive instruments in furtherance of increased shareholder value
over the long-term- it mimics an ETF in many ways. The benefits to
a holding company such as ours, especially during periods of
exponential expansion, are tremendous, primarily in business
development, with an enhanced effect of reducing opportunity costs
on many levels."
Gemini Group Global Corp (OTC: HULL), formerly known as HULL
Energy, Inc., is a publicly held holding company that invests
via equity and debt in both privately held and publicly traded
companies. These investments must fit our specific investment
strategy. G3 also buys, funds or joint venture cash-flows based
projects and participates in the revenue for the duration of the
income stream.
ORION DHC, Inc. EST~ 2008 is a publicly traded holding company
with profitable business operations in several sectors and utilizes
time-tested value investing principles as outlined by Benjamin Graham in the fourth edition of "The
Intelligent Investor."
Safe Harbor Statements:
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks,
assumptions and uncertainties that could cause the Company's actual
results to differ materially from those projected in such
statements. Forward-looking statements speak only as of the date
made and are not guarantees of future performance. We undertake no
obligation to publicly revise any forward-looking statements.
In addition, Please read the ORION DHC, Inc Investment Disclaimer
by clicking the following link:
http://oriondhc.com/investor-relations/
CONTACT:
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Gemini Group Global
Corp, formerly known as HULL Energy, Inc.,
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Alexandre Scheer,
MD
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info@g3corp.net
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888-531-4931
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Orion Diversified
Holding Co, Inc.
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Investor
Relations
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executive@oriondhc.com
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SOURCE HULL Energy, Inc.