This is day one. Let's give some time until news spread.
ALAMO, CA / ACCESSWIRE / March 16, 2021 / Social Detention Inc. (OTC PINK:SODE) is pleased to announce the acquisition of Danliv Inc. The stock purchase agreement was executed on 3/11/21 for 100% of Danliv Inc. stock in exchange for restricted equity shares in Social Detention Inc. We anticipate the deal closing in Q1 of this year.
Danliv Inc. is a licensed A General Engineering, B General Building, C-10 Electrical and C-20 Warm-Air Heating, Ventilating and Air-Conditioning contractor in the State of California. These are the required licenses to perform and provide the construction of EV, Hydrogen and Green Projects all from one source. On September 23, 2020, The Office of the Governor Gavin Newsome announced an executive order that directs state to require that, by 2035, all new cars and passenger trucks sold in California be zero-emission vehicles. (www.gov.ca.gov) With this order we anticipate a current and future tremendous need for our services to build the EV, Hydrogen and Green Infrastructure the State has mandated.
In addition to the State of California, the Federal Government has announced they intend to replace their enormous fleet of vehicles with clean electric vehicles (@ABCNewslive 1/25/21) and we intend to meet that need on a national level as well. Lastly, with this acquisition we have the necessary licenses and entity to meet the enormous infrastructure needs of the much discussed Infrastructure Bill when and if passed.
Robert P. Legg II, President/CEO of Social Detention Inc, announced the acquisition stating, "Danliv Inc. provides us the vehicle to obtain and perform EV, Hydrogen and Green Infrastructure Projects not only in California but on a national level as well. This marks and important step forward for Social Detention Inc. and opens up opportunities for growth and revenue recognition."
