CAVU Resources Inc (CAVR)

[dia duit]

The terms of the agreement call for Proxity, Inc. to affect an 80 to 1 reverse split and issue 96,250,000 new shares to PFGI.

however Billy Robinson will stay on as the interim CFO and will receive stock options and shares under a vesting schedule.

Congrats Billy, you da man!

Sabra Dabbs, the Founder, Chief Executive Officer, and Chairman of Proxity Financial Group said, "This is an exciting time for the shareholders of both Proxity Financial Group and Proxity, Inc. We have assembled an outstanding team of senior professionals that allows us to engage with project owners and move selected projects from the drawing board to reality. We have already entered into Letters of Intent with seven owners of high profile projects both in the U.S., and internationally and anticipate that this number will increase in the very near future."

Can't wait for the LOI details!