CAVU Resources Inc (CAVR)

[Kgem]

Just to update new investors and to remind old ones:


CAVU Resources, Inc. ("CAVU") announced the company has entered into a modified agreement with Energy Revenue America, LLC, a Texas limited liability company, ("Energy") to purchase 100% of the outstanding shares of EnviroTek Fuel Systems, Inc., ("EnviroTek") and has closed the transaction.

"This is the first step in a focused effort to only buy producing Oil properties, and initiate the spinoff of CAVU Energy Services, LLC including the waste disposal, trucking and designate assets into a listed entity and dividend ownership to our shareholders.

This transaction eliminated over $800,000 of Debt on CAVU's consolidate financials, With this closed we can complete the first quarter financials along with foot noted subsequent events to give our shareholders a realistic view of CAVU's current financial position," said William C. Robinson, CAVU's President.

CAVU Resources, Inc. ("CAVU") announces it has received a $10 million dollar funding commitment from Kodiak Capital Group, LLC to complete its current and targeted acquisitions.

CAVU plans to file a listing and registration statement for its 100% owned subsidiary CAVU Energy Services and utilize the $10 million for plans to complete additional acquisitions and current contracts in a non dilutive equity offering.

CAVU will distribute ownership in CAVU Energy Services to its shareholders on a pro rata basis of their shares held in CAVU Resources, Inc., upon closing of the targeted transactions and notification of FINRA of the proposed dividend.

"The recent debts settlements along with this funding commitment continue to improve our financial position and future opportunities. The planned listing of its subsidiary CAVU Energy Services will allow for future growth in the oil and gas waste, environmental cleanup and disposal business. The completion of the filing and funding will continue to bring additional value to our shareholders and diversification in CAVU's future growth," stated William Robinson, President of CAVU Resources, Inc.


Kgem