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Thursday, November 15, 2012 2:01:25 PM
•That Jeff Gates has been appointed as President of the Company, effective immediately. Mr. Gates will be tasked with the responsibility to integrate Challenger Brands Corp. and expand operations. Mr. Gates has a long and distinguished career in the bottling industry.
•They have entered into an agreement to acquire a blending and bottling facility in Bedford Park, IL. The acquisition will be a necessary complement to the acquisition of Challenger Brands.
•Structural Enhancement Technologies Corp. (PINKSHEETS: EMWW) and its previously announced future acquisition Challenger Brands has entered into an Agreement with, and has its first order from, Quantum Oil and Gas of Nigeria (QOG) for two ocean container loads of 20W-50 Motor oil to be bottled under the Quantum Oil and Gas brand name. Quantum Oil and Gas is one of the largest importers of motor oils, gear oils and two-cycle oils in Nigeria.
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