Eagle Oil Holding Company Inc. (EGOH:OTC) Acquires The Now Corporation (NWPN:OTC)
Eagle Oil Holding Company Inc. is pleased to announce that it will acquire controlling interest in The Now Corporation (NWPN:OTC). Eagle Oil will subsequently transfer approximately $10,000,000 of its holdings to The Now Corporation. As consideration, Eagle Oil will receive a $10 million convertible note that shall carry interest at 8% and convertible at a 50% discount to market. Details of the assets being transferred will be made in a future press release expected this month.
Ken Williams will become the CEO of The Now Corporation. Ken Williams states "This transaction will allow both companies to move forward and should see the value of these holdings better reflected in the market".
About Pure Digital Technology / Eagle Oil Holding Company, Inc.
Pure Digital Technology is focused on Information and Computer Technologies to meet needs for home, business, communication, and entertainment needs. It is uniquely positioned by having flexible tools in various environments, with adaptive resources, which allows Pure Digital Technology to be widely adopted. By using 100% Open Source Technology, it allows for a robust, and highly secured environment.
Legal Notice Regarding Forward-Looking Statements:
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason. That could be as a result of technical, installation, permitting or other problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Eagle Oil Holding Company Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Eagle Oil Holding Company, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.
Ken Williams, CEO