Agritek Holdings Inc. announced that it has entered into a binding letter of intent and term sheet to acquire substantially all of the assets of Apex Solutions Inc. After the close of acquisition, the Apex Solutions team will be integrated into the Agritek Holdings team and into a new board of directors. Suneil Singh Mundie will resign as CEO of Agritek Holdings with Scott Benson, CEO of Apex, coming on as Agritek’s new Chief Executive Officer.