Blue Earth Resources, Inc. Announces 100% Acquisition of J.G.K. Consulting Group Inc. and 51% Ownership of Eco-Source Cleaners and HOTTIES Sports Bar & Grill
INVER GROVE HEIGHTS, MN / ACCESSWIRE / April 22, 2016 / CEO John Lai is pleased to announce that Blue Earth Resources, Inc. (OTC Pink: BERI) has finished a 100% acquisition of J.G.K. Consulting Group Inc. In connection with the acquisition, John Lai and all other officers of the Company have resigned their executive positions upon closing, and John Kemp has been appointed President and CEO and has taken over all executive positions as well as the day to day operations of the Company. He also was appointed a director of the Company to fill a vacancy occurring from the resignation of a former director. Directors John Lai and Jeffrey Mills also have tendered their resignations to be effective immediately upon their successors being selected by Mr. Kemp. The Company's current legal counsel and accounting staff have agreed to stay on and assist with the transition and other matters relating to the status of the Company's stock.
Along with the J.G.K. acquisition BERI has also acquired 51% ownership of Eco-Source Cleaners and Hotties Sports Bar & Grill , two planned businesses in Magnolia, Texas. https://youtu.be/XEywvYdQ7ec
John Kemp said as of today that the share structure, new business model and new management is what we believe to be the most optimum with the best interest for all current and future shareholders of BERI. We believe that being acquired by Blue Earth Resources, Inc. will give J.G.K. a better chance to raise capital to build and become a great new business model.
Kemp would like to thank John Lai and the board of directors for this opportunity. The hard work that has been done will allow the company to become a leading force in the future. The company's intentions are to move BERI more towards acquisitions and a holding company to bring more value and cash flow to the current shareholders base.
John Kemp would also like to inform the current and future shareholders of Blue Earth Resources Inc. that currently we are working with legal counsel and accounting staff as well as with the OTC Markets to be completely transparent and current. Our Vision will be Professionalism, Disclosure, and Success as a valued code of ethics practiced by Blue Earth Resources, Inc. to our shareholders.
We will begin announcing any and all new information as it becomes available and once again Thank You.