Strategic Rare Earth Metals, Inc. (OTCPK:SREH) signed letter of intent to acquire 10% stake in Parker Technologies, Inc. on October 15, 2013. On November 20, 2013, Strategic Rare Earth Metals, Inc. entered into an agreement to acquire 10% stake in Parker Technologies, Inc.

Strategic Rare Earth Metals, Inc. (OTCPK:SREH)cancelled the acquisition of 10% stake in Parker Technologies, Inc. on October 15, 2014.