Mogul Energy International, Inc. acquired Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc.
December 15, 2022
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Mogul Energy International, Inc. (OTCPK:MGUY) acquired Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc. on December 16, 2022. As consideration, MGUY exchanged 10,000 shares of a new class of preferred stock and 350 million shares of common stock for 100% of the Flora companies. Upon the acquisition of Flora group of companies, Ronen Koubi, Chief Executive Officer and President of the Flora companies, became the Chief Executive Officer, President, and a Director of MGUY. Steven Siegel, formerly Chief Executive Officer, President and director of MGUY has resigned.
Mogul Energy International, Inc. (OTCPK:MGUY) completed the acquisition of Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc. on December 16, 2022.
Mogul Energy International, Inc., through its subsidiaries, provides refrigerated trucking and logistics services to companies in floral, plant, food, and other industries that require specialization in time-sensitive, temperature control segments of the supply chain. The Companyâs subsidiaries include Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc.
Mogul Energy International, Inc. acquired Florida Beauty Flora, Inc, Florida Beauty Express, Inc, Floral Logistics of California, Inc. and Tempest Transportation, Inc.