Business
LOTE Announces Acquisition of a 2.5% equity stake of Juice Bar Electric Vehicle Charging Station Company
LOTE Announces Acquisition of a 2.5% equity stake of Juice Bar Electric Vehicle Charging Station Company.
About this update from Lot 78 Inc
[{"type":"text","content":"\n\n\n\nLOTE Announces Acquisition of a 2.5% equity stake of Juice Bar Electric Vehicle Charging Station Company\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLOTE Announces Acquisition of a 2.5% equity stake of Juice Bar Electric Vehicle Charging Station Company\nPR Newswire\nTOLLAND, Conn., Oct. 12, 2017\n\n\n\nTOLLAND, Conn., Oct. 12, 2017 /PRNewswire/ -- Lot 78, Inc. (OTCPink: LOTE) has announced that it is scheduled to acquire over the next week a 2.5% equity stake in Garage Juice Bar, LLC also known as Juice Bar Electric Vehicle Charging Stations.  \n\nLOTE CEO David Schmid stated, \"We are excited to be able to invest in Garage Juice Bar, LLC also known as Juice Bar Electric Vehicle Charging Stations.  This investment aligns with our mission to provide value to shareholders through the acquisition of investments that show potential to be scaled regionally and / or nationally or investments that drive outsized returns.  Having experienced unexpected and significant market force headwinds, the company was still able to raise specific investment dollars for this acquisition for a 2.5% equity stake in Garage Juice Bar, LLC.  With this investment opportunity time window in Garage Juice Bar, LLC beginning to close, Lot 78, Inc. continues to try raise specific investment funds to invest more into the Garage Juice Bar, LLC opportunity.  While acquiring a stake in Garage Juice Bar, LLC is an important and exciting first investment, our company will continue to seek opportunities that align with our mission.\"\n\nABOUT 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 nam...