Real Estate Contacts : REAC Completes Asset Purchase of Patriot Bioenergy Corp
January 12, 2017 at 02:25 pm
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PARRISH, FL--(Marketwired - Jan 12, 2017) - Real Estate Contacts, Inc. (OTCBB: REAC) is pleased to announce to shareholders that on January 4, 2017, the company completed the asset purchase agreement for Patriot Bioenergy Corp. http://www.patriotbioenergy.com
Robert DeAngelis, President & CEO of Real Estate Contacts, Inc., stated, "We are excited and look forward to working with Roger Ford and Patriot Bioenergy Corporation in building a prosperous company for all of our shareholders. We are well positioned for the future, along with the purchase of Southern Brands and the Southern Hemp Co. http://www.southernhempco.com
The board of directors will convene soon to approve the new name change to REACH, Inc., which would stand for: Real Estate, Energy, Agriculture, Cannabis, and Hemp.
Safe Harbor: This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
REAC Group, Inc. is engaged in the ownership and operation of a real estate advertising portal Website. The Company provides an online real estate search portal that consists of an advertising and marketing platform for real estate professionals. The Company is also engaged in building a national online lead network for its real estate professionals. The Company provides a service that enables real estate professionals to capture, cultivate, and convert leads, which cater to prospective home buyers and sellers, through their real estate Website, www.realestatecontacts.com. RealEstateContacts.com serves as an Internet portal that features a real estate search engine that directs consumers to receive more detailed information about their local agents, brokers, and offices, with regards to showing current listings, homes for sale, commercial properties, mortgages, and foreclosures. It also intends to acquire real estate, such as multi-family and residential income-producing properties.