What do you guys make of this acquisition, will they delivery audited financials?
Proposed Acquisition
During the six months ended June 30, 2010, the Company entered into an agreement to acquire the assets of Hunt Global Resources, Inc. ("Hunt"), a Houston based company focused on the use of new technologies to maximize the value of its natural resources projects. The completion of acquisition is contingent upon the deliverance of audited financial statements of Hunt. At this time, the Company has not closed on the acquisition. See Note 5 Subsequent Events.
During the six months ended June 30, 2010, Hunt advanced the Company funds totaling $37,535 to support operations. These funds are due on demand.
This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so do your own due diligence before and consult a licensed professional making any decisions.
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