ENVIROTEK President Robert Thompson, announced an upcoming Nevada based Apparel manufacturing company acquired controlling interest of ENVIROTEK by way of Preferred control stock effective immediately.
Mr. Thompson further announced the terms of the acquisition have been in negotiation for some time, and all parties mutually agreed to the transaction. The apparel company has no immediate plans for a share restructure of the company.
As part of the agreement the current ENVIROTEK Board of Directors will be replaced with the Apparel company's management team immediately.
The Apparel company will be announcing the name, name change, trading symbol change, management structure and business plan along with the launch of the new website to be announced.
The Apparel company has been searching for an association with a green orientated company such as ENVIROTEK whose natural "Green" raw materials can provide high quality printing oils and Inks along with textile products ensuring their end products are a component of "The Green Environment."