On August 27, 2013, Aviana, Corp. (“We” or the “Company”) entered into a binding letter of intent (the “TSG LOI”) with The Safety Group Ltd. d/b/a The Staffing Group Ltd., a Delaware corporation, (“TSG”). Pursuant to the TSG LOI, TSG and the Company will commence the negotiation and preparation of a definitive share exchange agreement (the “Definitive Agreement”) whereby TSG will exchange all of its shares of common stock for shares of the Company’s common stock, which upon the completion of such Definitive Agreement will constitute approximately 100% of TSG’s issued and outstanding common stock. Upon completion of such Definitive Agreement, TSG will become a wholly-owned subsidiary of the Company.
TSG was formed in July 2013 by a group of seasoned industry professionals that saw a void in the marketplace. TSG is a full-service turnkey staffing company which recruits, trains, hires, employs, manages skilled workers in the following industries: oil and gas safety, construction site safety, environmental and risk mitigation, training, and administrative.
