Strategic Rare Earth Metals, Inc. (OTCPK:SREH) entered into a securities exchange agreement to acquire 70% stake in Village Tea Company Distribution Inc from AccelPath, Inc. (OTCPK:ACLP) on October 30, 2015. Affinity will issue 750 Series C preferred stock and assume $0.54 million worth of obligation of Affinity. In conjunction with the agreement, AccelPath and its Series J preferred stock holders entered into an exchange agreement pursuant to which, Accelpath will cancel all the Series J preferred stock in exchange for an equal amount of the Affinity Series C Preferred Stock received by AccelPath under the agreement.

Strategic Rare Earth Metals, Inc. (OTCPK:SREH) completed the acquisition of 70% stake in Village Tea Company Distribution Inc from AccelPath, Inc. (OTCPK:ACLP) on October 30, 2015