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Posted On: 08/07/2020 10:43:16 AM
Post# of 44448
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Posted By: jmtimz
$XFLS is pleased to report the following Shareholder update.

On June 8th 2020, Xfuels purchased all the issued and outstanding shares of Cycle Energy Industries Ltd. The acquisition is now complete, and the company has been acquired by Xfuels and subsequent name and symbol change has been submitted to FINRA for approval.

On June 16th 2020, Cycle Energy announced it has increased its well abandonment fleet by the purchase of 3 new heavy vehicles to add to the companies abilities to execute workflow simultaneously. Cycle's proprietary technology is currently being implemented on the new vehicles and will be ready for deployment in early August.

https://finance.yahoo.com/news/cycle-energy-i...00358.html

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