LOTE Expands to Canadian Market with Exclusive Distributor Agreement
11 Avril 2017 - 2:51PM
InvestorsHub NewsWire
Tolland, CT -- April 11,
2017 -- InvestorsHub NewsWire --Lot 78, Inc (OTCPink:
LOTE), announces that it has entered into an exclusive
agreement with sPARK (www.sparkev.ca ) Electric Vehicle
Charging to market, sell and install Lot 78, Inc.’s Juice Bar
Electric Vehicle Charger (www.juicebarev.com ) in
Canada.
LOTE CEO David Schmid, “The
Canadian electric vehicle charging station market is one that is
rapidly emerging as an opportunity for major growth as more
electric vehicles become available to our neighbors to the
north. Our Juice Bar Electric Vehicle Charging Stations has
taken a decisive step in partnering with an innovative company like
sPARK with its experienced and diversified management
team.”
sPark offers
premium electric vehicle
charging technology combined
with customized installations and creative marketing
options to give a unique charging
experience. sPark proudly provides turnkey EV Charging
solutions to residential, commercial, and industrial clientele in
Canada.
ABOUT
LOT 78, INC. The
Company was incorporated in the State of Nevada on June 27, 2008.
On March 14, 2011, the Company filed a Certificate of Amendment
with the Secretary of State of Nevada changing the name of the
Company to “Bold Energy, Inc.” On November 12, 2012, the
Company, then under the name Bold Energy, Inc., entered into a
Share Exchange Agreement with Anio Limited a limited liability
company established under the laws of the United Kingdom (“Anio
Ltd.”), which conducts its primary line of business under the name
Lot 78, Inc., the shareholders of Anio Ltd., and the controlling
stockholders of the Company. The company changed names to Lot 78,
Inc. on January 31, 2013. On July 15, 2016, the
Company entered into a Letter of Intent to merge with Compound
Holdings, LLC, a Connecticut limited liability company.
Subsequently, on July 18, 2016, the Company and Compound Holdings
LLC entered into a definitive Agreement and Plan of Merger.
Pursuant to the plan of merger, upon closing, the Company intends
to change its name to Compound Holdings,
Inc.
Lot 78 (CE) (USOTC:LOTE)
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