Zulu Energy Corp. Announces Completion of the Acquisition of Vortex Brands
Date : 05/29/2014 @ 9:00AM
Source : Business Wire
Stock : Zulu Energy Corp. (PN CE) (ZLUE)
Quote : up.gif 0.02 0.0008 (4.17%) @ 12:16AM
Zulu Energy Corp. Announces Completion of the Acquisition of Vortex Brands


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Zulu Energy Corp. (PN CE) (USOTC:ZLUE)
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Zulu Energy Corp. (OTC: ZLUE) announced today it has completed the acquisition of Vortex Brands Co. As part of the acquisition, Zulu Energy Corp. issued Preferred Stock to the shareholders of Vortex Brands Co. No common stock will be issued in exchange for the acquisition of Vortex Brands. The transaction was overseen by WB Partners who recently assisted in the transaction with Nate?s Foods Co.

As part of the reverse merger, the Company will be changing its name to Vortex Brands and requesting a symbol change with FINRA.

Vortex Brands recently executed a licensing agreement to market and sell products manufactured by Vortex in the United States. Under the license agreement, the Company may sell tennis racquets and other tennis related products under the trademarked name of Vortex Tennis. Under this exclusive license, the Company shall purchase from Vortex Tennis the licensed products and resell the products to consumers within the United States. We will obtain the rights to sell under www.vortextennis.com on June 1, 2014.

About Vortex Brands

Vortex Brands recently executed a licensing agreement to market and sell products manufactured by Vortex in the United States. Under the license agreement, the Company may sell tennis racquets and other tennis related products under the trademarked name of Vortex Tennis. The product is currently for sale at www.vortexennis.com.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual and interim reports.