Green Stream Holdings Inc (GSFI)

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Eagle Oil Holding Company Announces Reverse Merger With InPlays Sports Corp. Is Proceeding According to Schedule
NEW YORK, August 7, 2012 — Eagle Oil Holding Company (Trading Symbol: EGOH) is pleased to provide an update and overview regarding the reverse merger with InPlays Sports Corp.
Andrew Barwicki, CEO of InPlays Sports Corp. commented, “I am pleased to provide shareholders with an update on the reverse merger. Brian Wilmot and I are working together to ensure this reverse merger is done properly by taking into consideration all options and we are steadfast to ensuring this reverse merger benefits all shareholders. Throughout this entire process, most importantly the last 30 days, Brian and I have discussed numerous options as related to the reverse merger, and I am pleased to state that our primary concern is shareholders.”
- Eagle Oil Holding Company and InPlays Sports Corp will enter into a reverse merger agreement in which InPlays Sports Corp will be the surviving entity.
- The reverse merger is expected to close on or about September 17, 2012.
- Eagle Oil shareholders will become owners of InPlays Sports Corp.
- The Siler Property will be spun out into a private entity in which InPlays Sports Corp will own a minority interest in.
- InPlays Sports Corp. will assume Eagle Oil Holding Company debt.
- A conference call will occur on or about September 10, 2012 in which Andrew Barwicki, CEO of InPlays Sports Corp and Brian Wilmot, CEO of Eagle Oil Holding Company present and discuss the specifics of the reverse merger. More importantly, Mr. Barwicki and Mr. Wilmot will answer shareholder questions.