NOTCH NOVELTY IS BECOMING ATLANTIC ENERGY!!!!!
Monster R/M play in the works here... Notch Novelty becoming Atlantic Energy...
April 1, 2008 - 4:39 PM EDT
Notch Novelty Announces Merger & Reorganization
Notch Novelty Corporation (PINKSHEETS: NHNV) announces that it has formally executed a merger/acquisition agreement and will be changing its primary business focus.
On Tuesday, March 25, 2008, the company entered into an agreement to acquire Atlantic Energy Solutions, a New York Corporation. Under this agreement, Notch Novelty will acquire 100% of Atlantic Energy in exchange for the issuance of 100 million newly issued and restricted shares. Management of Notch Novelty intends, in conjunction with the holders of the majority of shares of common stock, to change the Company name to reflect the current primary business. In addition, the current Chief Executive Officer, Brett Weiss, will be replaced by Tim Brock. Mr. Brock will serve as both Chief Executive Officer and Chairman of the Board. In conjunction with this merger, Mr. Weiss will purchase all present assets and liabilities of Notch Novelty Corp., in return for the delivery of 61,000,000 currently issued & outstanding shares currently held by Mr. Weiss.
Founded over 12 years ago, Atlantic is a green energy company that focuses on energy efficiency and conservation. Last year, Atlantic generated over 7.5 million dollars in revenue and has signed proposals totaling more than 45 million dollars in potential revenue for 2008 & 2009.
This merger reorganization agreement requires normal and customary state and federal filings. The Company will make every effort to fully update all disclosures in a timely manner with all appropriate agencies.
About Atlantic Energy Solutions, Inc.
Atlantic Energy, founded in 1992, is a globally accredited Energy Services Company (ESCO) that identifies, implements and finances projects designed to improve the overall efficiency of energy usage.
Atlantic assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster savings at the consumer level. The company incorporates the latest technologies, including wind and solar energy generation. Our services focus on energy and financial strategies to achieve comprehensive, innovative and cost-beneficial improvements.
The company is currently headquartered in Saratoga Springs, NY. Atlantic also has offices in Manhattan NY, Fulton NY and Fairfield NJ.
For more information, please visit us at http://atlanticenergy.net
Safe Harbor Statement Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risk and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
For more information or questions please contact:
Atlantic Energy Solutions, Inc.
Investor Relations
(866) 788 1600
http://atlanticenergy.net
About Atlantic Energy
Website: http://atlanticenergy.net
Atlantic is a member of NAESCO (HUGE!): http://www.naesco.org/organizations/companies.aspx?CatID=3
