Thursday, May 27, 2010 8:48:06 AM
http://www.marketwatch.com/story/heart-health-announces-acquisition-of-the-assets-of-blue-gold-beverages-inc-and-sale-of-heart-health-equipment-2010-05-27-831360?reflink=MW_news_stmp
HOUSTON, TEXAS, May 27, 2010 (MARKETWIRE via COMTEX) -- Heart Health, Inc. (PINK SHEETS: HHEL) announces that on March 3, 2010 that the company acquired all the assets of Blue Gold Beverage, Inc. to begin the business of a private label water and beverage operation in exchange for 40,000,000 of restricted common stock of HHEL.
Further, as of March 3rd the company sold all of the assets of its cardiac monitoring and fitness devices to Miazzi, Inc. in exchange for settlement of $350,000 of debt owed to Miazzi, Inc.
The Board of Directors elected Daniel Solomita as President and Director and Raffaele Scrocco as Sec. Treas. and Director. The former Board of Directors then submitted their resignations. On April 12, 2010 the company changed its name to Blue Gold Beverages, Inc.
The company is current on all necessary regulatory filings and has made application to FINRA for a trading name change and symbol. The company expects to hear soon as to such changes.
The details of the transaction can be viewed in the filings on Pink Sheeets. Com and the company will announce the details of its business plan and revenue objectives in the next few weeks.
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