Business
CORRECTION: The Mint Leasing, Inc., (MLES) Announces Closing of Share Exchange Agreement
CORRECTION: The Mint Leasing, Inc., (MLES) Announces Closing of Share Exchange Agreement.
About this update from Sunset Capital Assets, Inc.
[{"type":"text","content":"\n \n This press release corrects and replaces in its entirety, various \n inaccurate information regarding the press release entitled “The Mint \n Leasing, Inc., (MLES) Announces Merger With Sunset Brands, Inc. dba \n Sunset Capital Assets (SSBN)”, released by The Mint Leasing, Inc. on \n September 24, 2014, regarding the closing of its transaction with Sunset \n Brands, Inc. dba Sunset Capital Assets, including, but not limited to, \n the type of transaction; the relationship of the parties; certain \n financial information contained therein; various quotes attributed to \n the principals of the parties; various projections contained in such \n release; the status of the parties following the closing; and the future \n plans of the parties contained therein. The corrected release is \n provided below and the entirety of the information contained in the \n prior release should be disregarded. We apologize for any confusion this \n mistake may have created.\n \n \n The Mint Leasing, Inc. (“Company or Mint”), a Nevada corporation, \n trading on the Over the Counter (OTC) markets “Bulletin Board” as MLES, \n announced today that the Company has completed a share exchange (“the \n exchange”), pursuant to which it exchanged 42.3% of its post-transaction \n common stock with Sunset Brands, Inc. dba Sunset Capital Assets, a \n Nevada corporation, trading on the Over the Counter (OTC) markets “Pink \n Sheets” as SSBN (“Sunset”) in consideration for 100% of the voting \n securities and 99% of the non-voting securities of Investment Capital \n Fund Group, LLC Series 20 (“ICFG”). Mint is based in Houston, Texas and \n owns and operates an auto finance company specializing in both financing \n and leasing automobiles.\n \n \n Sunset is a diversified financial services firm focusing on acquisition \n and investment in insured banks, mortgage companies, real estate, title \n insurance, insurance, auto financing, commercial financing, investment \n banking, and management consulting service primarily in the Southeast \n United States.\n \n \n Prior to the exchange, Mint had total assets of approximately $18 \n million as of June 30, 2014, and projected annual revenues of \n approximately $8.2 million for fiscal 2014. Pursuant to the exchange, \n Sunset transfe...