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SWOT analysis of Tech-co

Grant Billing, the leading man of an investment group has reached an agreement with Calgary based company Cell-loc, to reorganize and provide a capital injection. Cell-loc will transfer all current technology assets to a subsidiary company, called Techco, where all the shares will be handed to their shareholders on a share per share basis. Cell-loc will move its operations to Techco while an oil and gas company headed by Grant Billing will move into Cell-loc’s location. The Directors of Cell-loc right now will become the new Board of Directors for Techco, and it is anticipated that the senior management of Cell-loc will become a large part of the management team at Techco. The CEO of Cell-loc, Sheldon Reid, will not make the move with the rest of the board because he will join Mr. Billing on the board of the newly formed oil and gas company, Capitol Energy Resources Ltd.

The investment group will be providing $4.9 million to pay liabilities of Cell-loc and to recapitalize th...

Posted by: Justin Rech

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