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Friday, 12/20/2013 7:47:26 AM

Friday, December 20, 2013 7:47:26 AM

Post# of 31
News about being acquired:

Olie Inc. Negotiates to Purchase UCP Holdings Inc.
Date : 12/20/2013 @ 7:05AM
Source : GlobeNewswire Inc.
Stock : Olie Inc. (QB) (OLIE)

http://ih.advfn.com/p.php?pid=nmona&article=60460056&symbol=OLIE

Olie Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, is pleased to announce that it is has commenced negotiations to complete an acquisition and roll up of UCP Holdings (OTCQB:UCPH) (UCP) as a wholly owned subsidiary of Olie. The transaction will be for Convertible Preferred C Stock of Olie. Final acquisition documents will be completed once the due diligence review has completed its forensic analysis of UCP.

Robert Gardner, President of Olie states, "Again, an acquisition of another publicly traded company is rarely accomplished in the micro-cap market, but because of the preferred instruments, all doors are open. We are specifically looking for Issuers with low debt to equity ratios and companies with assets on their audited financial statements. We then are able to consolidate in Olie's financial statements. UCP has substantive equity, very little debt, and great potential in its ability to attract private companies wishing to go public."

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