Replies to post #60 on Growth Technologies Inc (fka GRWT)

[Thirsty Tiger]

By: Fairwayiron
29 Nov 2006, 11:04 AM EST Msg. 2754 of 2776

Finally! The Online merger gets unwound. It was a wrong idea from the beginning and really screwed up the repackaging plans for the WKGT holdings.

So many arguments here about how they could do what they promised after the Online merger because OSSG was inside the numbers. This eliminates all of that.

Of course, all that's really happened is that WKGT of yore has been regenerated. All that for a name change that's now meaningless. Oh, plus 10 million shares of a new private company. I wonder if Mathew is related to Ken.

[Zardiw]

I think this merits a repost:

Posted by: Thirsty Tiger
In reply to: None
Date:11/30/2006 12:34:21 AM
Post #of 338

older PR August 3, 2005 on the birth of OSSG

By: Fairwayiron
29 Nov 2006, 09:46 AM EST
Msg. 2748 of 2776
Jump to msg. #


White Knight SST, Inc. Concludes the Acquisition of The Online Outpost Licensing Corporation and Announces other Restructuring Changes.
From: Business Wire | Date: August 3, 2005 | More results for: WKGT pangea

TAMPA, Fla. -- White Knight SST, Inc. (OTCPK:WKGT) ("White Knight SST" or "the Company") announced today that it had concluded the acquisition of The Online Outpost Licensing Corporation as contemplated in its announcement dated June 2, 2005. Further, the Company announced that it will change its name to Online Sales Strategies, Inc. to better reflect its mission.

Online Sales Strategies mission is to become a leading provider of all necessary resources to successfully manage and operate Online sales and software related businesses. Its initial focus will be its wholly-owned subsidiary, The Online Outpost Licensing Corporation ("The Online Outpost"). The Online Outpost is an emerging franchisor of retail eBay (NASDAQ:EBAY) drop-off stores. The Online Outpost currently operates 6 stores, with 11 other stores under contract nationwide, and has aggressive plans for expansion by the end of 2005.

"This is a great opportunity for our company," commented Matthew Brown, President of The Online Outpost. "eBay and other online markets are changing the way people and companies buy and sell merchandise. With no debt in our company and the capital resources in place for growth, we are excited about the opportunity in this new world economy," Mr. Brown concluded.

The Company also announced that it will distribute the shares of White Knight Strategies ("WKS") Inc., a wholly-owned subsidiary of the Company, in the form of a dividend to shareholders of record as of September 30, 2005. Upon completion of the dividend distribution, WKS will merge with Cast-Crete Corporation ("Cast-Crete"), a private Florida based company, and change its name to Cast-Crete. Cast-Crete, with sales of approximately $100,000,000 in 2004, and expected sales in excess of $120,000,000 in 2005, is the largest supplier of precast and prestressed concrete products to the housing industry in Florida. Shareholders as of the record date will receive one share of Cast-Crete for every 66.67 shares of the Company's stock.

The Company also announced that it will distribute the shares of Pangea Emerging Corporation ("PEC"), a wholly-owned subsidiary of the Company, in the form of a dividend to shareholders of record as of October 15, 2005. Upon completion of the dividend distribution, PEC will merge with Sic Semper Tyrannis, Inc., effectively restoring our shareholders' interest in EarthFirst Technologies, Inc., Nanobac Life Sciences and Hybrid Fuel Systems. Shareholders as of the record date will receive one share of PEC for every 50 shares of the Company's stock.

The proposed reverse split of the Company's stock will not become effective until after these transactions have closed.



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