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OTC Signal Daily Stock Watch - Sitoa Global Inc. (OTCQB: STOA)
WorldStockWire - Fri Sep 06, 4:45PM CDT
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Sitoa Global Signs Letter of Intent with IRIS Corporation Berhad
PR Newswire - Mon Mar 18, 8:25AM CDT
Sitoa Global Inc. (OTCQB: STOA) ("Sitoa" or the "Company"), announced today that it entered into a Letter of Intent with IRIS Corporation Berhad ("IRIS"), a leading, diversified, technology company, listed on the Malaysian Stock Exchange and the owner of certain selected waste-to-energy assets; and other Renewable Energy and waste to energy "Pipeline Project" assets, owned by third-party owners and with whom IRIS will secure appropriate agreements to these projects, technologies, rights and obligations (the "IRIS Renewable Energy Business") in respect of a proposed transaction in which Sitoa will purchase IRIS Renewable Energy Asset plus waste-to-energy assets owned by other third parties in exchange for common shares in Sitoa. On completion of the acquisitions, IRIS will become the majority shareholder of Sitoa as a result of the share exchange and Sitoa will pursue the development of the acquired renewable energy business in accordance with IRIS's business plan. The terms of the acquisition will be more
Sitoa Global Accepts Offer Letter to Explore Strategic Acquisition
PR Newswire - Tue Feb 19, 7:00AM CST
Sitoa Global Inc. (OTCQB:STOA) (PINKSHEETS: STOA) ("Sitoa" or the "Company"), announced today that it accepted an offer letter from a diversified technology company and the owner of certain waste-to-energy and other renewable assets (the "Energy Business") in respect of a proposed transaction in which Sitoa will purchase the Energy Business in exchange for common shares in Sitoa. Both parties entered an exclusivity period during which a detailed memorandum of understanding and definitive agreements will be prepared.