Dino Energy Investments Ltd. entered into a letter of intent to acquire Gysan Holdings, Inc. (OTCBB:GYSA) in a reverse merger transaction on September 20, 2012. Under the terms of the letter of intent, Gysan Holdings will issue 200 million shares of its common stock to the shareholders of Dino Energy as a result of which the shareholders of Dino Energy will control the Gysan group. The transaction is subject to entering into of a definitive agreement by Gysan and Dino Energy, completion of satisfactory due diligence, approval by Board of Directors and shareholders of Gysan and Dino Energy, absence of any material change and certain other conditions. The closing of the transaction shall take place on or before November 30, 2012. Richard W. Jones of Jones & Haley acted as legal advisor for Gysan Holdings.

As on October 23, 2012, Dino Energy Investments Ltd entered into an exchange agreement to acquire Gysan Holdings, Inc. (OTCBB:GYSA) in a reverse merger transaction. The transaction is subject to regulatory approvals, third party consent, financial audit of Dino Energy Investments and resignation of the Directors of Gysan Holdings. On November 19, 2012, the terms of the agreement were changed. According to the new terms, Gysan Holdings will issue 65 million shares, with a valuation of $0.75 per share, of its common stock and 45 million Gysan Class A Preferred Stock, with a valuation of $2.25 per share, to the shareholders of Dino Energy. The transaction is expected to close on or before December 18, 2012.

Dino Energy Investments Ltd. completed the acquisition of Gysan Holdings, Inc. (OTCBB:GYSA) in a reverse merger transaction on January 23, 2013.