October 31, 2013
Sebastian River Holdings, Inc., announces that it finalized an Acquisition & Share Exchange Agreement
with Novacab, Inc., on September 26, 2013. Both parties are currently completing actions necessary to
satisfy the terms of the agreement.
In the meantime, the former board members and officers have resigned and an interim director has
been named to assist in the corporate transition. This will be followed by the nomination of a new
board by Novacab, Inc.
The Company has amended its Articles for the purpose of changing its name to Novacab International,
Inc., with the State of Florida, where it is incorporated. As soon as all regulatory matters are completed the corporate activities of Novacab will continue under
the new name and the shareholders will be advised of all current developments.