REAC Group, Inc. (REAC) Item 1.01 Material Events
On January 13, 2020, we entered into an Amended Agreement and Plan of Share Exchange Agreement (the “Agreement”) by and Amongst, REAC Group, Inc. (“REAC”) and Florida Beauty Express, Inc., Florida Beauty Flora, Inc., Floral Logistics of Miami, Inc., Floral Logistics of California, Inc., Tempest Transportation Inc. (the “Companies”). The Agreement is for the exchange of 100% of the outstanding shares of the Companies in exchange for 15,015,002 shares of REAC Common Stock and 500,000 shares of REAC Series A Preferred Stock. The Companies are now wholly-owned subsidiaries of REAC.
REAC Group, Inc., through its subsidiaries, provides transportation, logistics, and warehouse distribution services for perishable and other cargo. It offers refrigerated long haul, regional, and dedicated deliveries for industries that include floral, produce, plants, dairy, poultry, and meats, as well as offers dry cargo, office space, trucking, and ocean freight services.
FBF Transportation is a leading refrigerated carrier, providing long haul, regional, and dedicated transportation services as well as warehousing, consolidation and logistics services. Our company headquarters is based in Miami, FL, and has terminals in Doral and Pierson, Florida, Orlando, Florida and Ventura, California. Founded in 1983, FBF's desire is to provide the best service possible through hard work, dedicated employees and innovative technology.
The following family of companies is structured to serve your every transportation need:
Florida Beauty Flora (FBF) encompasses all of our operations related to fresh cut flowers and plants.
Florida Beauty Express is a common carrier specializing in LTL and multi-drop truckloads of fresh cut flowers.
Floral Logistics is a full-service handling company that clears and picks up imported product from the airport, pre-cools, consolidates and distributes it.
"To provide safe,reasonable, reliable, and more than efficient transportation to service-sensitive customers while exercising extreme care and an unconditional commitment to high standards and values".