Tri-Eye Design Shareholders Tender Shares to Saguaro
March 12 2013 - 10:12PM
Business Wire
Saguaro Holdings Corp.’s (OTCPK: SGUJ) wholly owned subsidiary,
Saguaro Oil & Gas Recovery, Inc. (SOGR) announces that 98.5% of
the shares of Trieye Design Limited (TEDL) have been tendered by
current shareholders for acquisition by Saguaro Oil and Gas
Recovery, Inc. Both parties will now finalize all agreements and
will strive to have them completed as soon as possible. Saguaro
will issue new shares to the tendered shareholders after all of the
required public steps have been completed. The Trieye shareholders
that did not tender their shares will remain shareholders of Trieye
after the closing.
About Tri Eye Design, Inc.:
Tri Eye Design, Inc. is an engineering design firm that focuses
on technology for bio-enhanced living platforms that allow quick
detection and repair of oil and gas pipelines along with
biologically accelerated cleanup of land and water based oil
spills. TEDL’s team of engineers have developed a living oil
prevention, skimming and absorption recovery technology which
quickly and naturally helps in the cleanup of oil spills in
environmentally sensitive areas on land and in fresh and salt
water. It is the company’s intent to complete its strategic
partnerships and commercialize its technology in the coming
months.
For further information please go to www.trieyedesign.com.
About Saguaro Oil & Gas Recovery, Inc.:
Saguaro Oil & Gas Recovery, Inc., is engaged in the business
of oil and gas recovery, remediation and treatment. Its employs an
evolving patented technology that is nearing the final stages of
R&D and that the Company believes to be a cost efficient
solution for the task of reducing certain value diminishing
contaminates in natural gas streams. SOGR’s mission is, and always
has been, to promote the idea of increasing the quality and value
of the Earth’s natural resources by providing innovative solutions
to the oil and gas industry.
For further information please go to
www.saguaroholdings.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995:
Statements made in this release that relate to future plans,
events, financial results or performance are forward looking
statements as defined under the Private Securities Litigation
Reform Act of 1995. These statements are based upon current
information and expectations. Actual results may differ materially
from those anticipated as a result of certain risks and
uncertainties. Investors should also be aware that while the
Company from time to time does communicate with securities
analysts, it is against the Company’s policy to disclose to them
any material non public information or other confidential
commercial information. Investors should not assume that the
Company agrees with any report issued by any analyst or with any
statements, projections, forecasts or opinions contained in any
such report.
Contacts:
Saguaro Oil & Gas Recovery, Inc.
William Hawkins, President
Tel: 863.258.0537
bhawkins@saguarocorp.com
Tri Eye Design, Inc.
Phillip Ciz, President
Tel: 780.805.0798
pciz@enterprise.ca
Investor Relations:
Stephen Taylor
Taylor Capital
Tel: 973.771.6401
stephen@taylorcapital.com
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