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Post# of 84253
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Followers 552
Posts 38257
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Alias Born 06/14/2004

Re: None

Thursday, 03/23/2017 3:09:35 PM

Thursday, March 23, 2017 3:09:35 PM

Post# of 84253
PRAY .30s RM on the way closing March 31st


The Company is available for another operational company to acquire.



On February 22, 2017, the Company entered into a Letter of Intent (“LOI”) with Arista Capital LTD. (“Arista”) whereby the shareholders of Arista will acquire eighty percent (80%) of the issued and outstanding shares of the Company. In consideration for the above, Arista will pay $75,000 and will assume all of the liabilities of the Company. This transaction is contingent upon the Company and Arista executing a formal “Merger Agreement” which is expected to occur on or about March 31, 2017. The closing of the transaction is expected to occur sixty (60) days from the execution of the Merger Agreement.



The LOI may be terminated by (a) mutual consent of the parties, (b) by the Company if (i) a definitive Merger Agreement is not executed and delivered by the parties, (ii) the Merger Agreement is enjoined by a court or any governmental body, or (iii) by Arista if they are not satisfied with the results of their due diligence investigation of the Company.


insiders own 5,450,000 78.96 %

some links on low float estimates

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128902726&txt2find=pr_ay

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129611388&txt2find=pr_ay


Bio of DIR working deals

Mr. David S. Callan, also known as Dave, has been President of Playa Dulce Vida S.A since 2012. Mr. Callan serves as the General Partner at Polar Capital L.P. Mr. Callan is employed at Hawk Opportunity Fund, L.P. He founded Hawk Opportunity Fund, L.P. in 2004. He served as Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of Alternative Energy & Environmental Solutions, Inc. until May 22, 2012. He began his career as a registered representative for Drexel Burnham Lambert in 1987. He has been involved in investing for his own portfolio and managed accounts for over 20 years. Beginning in 1999, he formed Polar Capital. In November 2004, he merged Polar into Hawk Management and together with his partner, Scott Williams. In addition to Hawk, he both individually and in partnership with Mr. Williams manages and/or owns over $55,000,000 in real estate. He has been Director of Praco Corporation since May 19, 2015. He served as a Director at Alternative Energy & Environmental Solutions, Inc. until May 22, 2012. Mr. Callan attended Indiana University in Indiana, Pennsylvania and has a BS degree in Finance with a minor in Economics.


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