Posted On: 10/08/2015 2:04:45 PM
Post# of 39368
VIBE I Acquires Technology to Treat Oil Field Waste Water
BY Market Wire
— 9:30 AM ET 09/17/2015
ABILENE, TX -- (Marketwired) -- 09/17/15 --
VIBE I, Inc. ( VIBE ), , is pleased to announce that it has entered into a "Purchase and Sale of Assets Agreement," with the Shareholders of Sandbox Resource Solutions, LLC ("Shareholders of Sandbox"
and Sandbox, Inc. The Agreement, effective August 7, 2015, provides that VIBE will purchase 100% of the assets of Sandbox in exchange for 12,000,000 shares of VIBE restricted common stock. On April 8, 2015, VIBE entered into a reorganization agreement with New Vibe, Inc., but both companies mutually determined the business combination was not in the best interest of either corporation's or their shareholders and allowed the agreement to expire.
Chris Tesarski, Executive Chairman and CEO of VIBE, stated, "We are very pleased to announce the culmination of significant work to create an exciting, dynamic and necessary new public company."
BY Market Wire
— 9:30 AM ET 09/17/2015
ABILENE, TX -- (Marketwired) -- 09/17/15 --
VIBE I, Inc. ( VIBE ), , is pleased to announce that it has entered into a "Purchase and Sale of Assets Agreement," with the Shareholders of Sandbox Resource Solutions, LLC ("Shareholders of Sandbox"
and Sandbox, Inc. The Agreement, effective August 7, 2015, provides that VIBE will purchase 100% of the assets of Sandbox in exchange for 12,000,000 shares of VIBE restricted common stock. On April 8, 2015, VIBE entered into a reorganization agreement with New Vibe, Inc., but both companies mutually determined the business combination was not in the best interest of either corporation's or their shareholders and allowed the agreement to expire. Chris Tesarski, Executive Chairman and CEO of VIBE, stated, "We are very pleased to announce the culmination of significant work to create an exciting, dynamic and necessary new public company."
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