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Orion Diversified Holding Co, Inc. Announces Subsidiary Acquisition with HULL Energy, Inc.
Orion Diversified Holding Co, Inc. Announces Subsidiary Acquisition with HULL Energy, Inc..
About this update from Orion Diversified Holding Co Inc.
[{"type":"text","content":"\n\n\n\nOrion Diversified Holding Co, Inc. Announces Subsidiary Acquisition with HULL Energy, Inc.\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.prngen2{\nBORDER-BOTTOM:1pt; BORDER-LEFT:1pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; BORDER-TOP:1pt; BORDER-RIGHT:1pt\n}\n.prntblns{\nBORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt\n}\n\n\n\n\n\n\nOrion Diversified Holding Co, Inc. Announces Subsidiary Acquisition with HULL Energy, Inc.\nPR Newswire\nNEW YORK, Oct. 28, 2013\n\n\n\nNEW YORK, Oct. 28, 2013 /PRNewswire/ -- HULL Energy, Inc., now known as Gemini Group Global Corp. (OTC: HULL) and Orion Diversified Holding Co, Inc. (OTC: OODH) jointly announce that they have executed a share exchange agreement with G3's newly formed subsidiary.\n\nOn October 18, 2013, Gemini Group Global Corp. (G3), entered into a share exchange agreement with Orion Diversified Holding Co, Inc. Under terms of a share exchange agreement, G3 agreed to exchange 10,000,000 shares of its newly formed, wholly owned subsidiary ORION  DHC FUNDING, INC. (OFND) with shares of OODH at a 1:1 exchange ratio. Upon completion, OFND will be a wholly owned subsidiary of ORION DHC, Inc. (OTC: OODH).  The 10,000,000 shares issued under this share exchange agreement will be issued as noted under Rule 145.  During the week of October 28th, OFND intends to file its Notice of Intent with the SEC in order to be regarded as a Business Development Company (BDC). Shortly after completion of this filing, OFND will complete its audit and file the required N-54a with the SEC. Once approved, OFND will file Form 1-e with the SEC in order to place $5,000,000.00 under the Form 1-e exemption.\n\n\"At G3, we are committed to working with quality companies that have viable business plans and that are poised to benefit from the BDC structure for their existing projects.  The OFND BDC subsidiary will be well positioned to assist the parent company's rapidly expanding company operations.  ORION DHC is a perfect candidate for the BDC structure as they currently hav...