Barnabus Energy, Inc. (fka BBSE)

[lowman]

BBSE BBSE: To Acquire 100% of Affiliates [delayed]
Knobias - December 6, 2005 9:24 AM (EDT)

Ridgeland, MS, DEC 06, 2005 (EventX/Knobias.com via COMTEX) -- Barnabus Energy, Inc. (BBSE) announced that the Board of Directors has authorized management to proceed with negotiations towards the purchase of 100% of both Solar Roofing Systems and Connect Renewable Energy, Inc., and to roll these into one company under the Barnabus banner. Company President David Saltman stated, "This event will provide tremendous manufacturing, marketing and sales synergies to our company, as well as a depth of management and technical expertise that will rival any of our competitors." A term sheet with Connect has already been signed, and the SRS shareholders have agreed to proceed with the acquisition.