Flint Int’l Services, Inc. cancelled the acquisition of Petrogres Co. Limited from Christos A. Traios.
July 30, 2015
Share
Flint Int'l Services, Inc. entered into a purchase agreement to acquire Petrogres Co. Limited from Christos A. Traios on April 21, 2015. As part of transaction, Flint Int'l Services, Inc. transferred 13.9 million new shares to Christos A. Traios and acquired 1 million shares. Russell Hiebert, President and sole Director of Flint Int'l Services, Inc., cancelled 6.9 million of those shares. Russell Hiebert retains 0.1 million shares. Flint Int'l Services, Inc. completed the acquisition of Petrogres Co. Limited from Christos A. Traios on April 21, 2015.
Flint Int'l Services, Inc. cancelled the acquisition of Petrogres Co. Limited from Christos A. Traios on July 31, 2015. Flint Int'l Services, Inc. entered into rescission agreement, pursuant to which Flint returned all of the Petrogres shares to Traios in exchange for Traios's return of 13.9 million Flint shares to Flint.
Petrogress, Inc., formerly 800 Commerce, Inc., is a holding company. The Company, along with its subsidiaries, is engaged in international trading and shipping business. The Company is engaged in exploring the potential for acquiring or purchasing or leasing newly built liquefied natural gas (LNG) vessels in the United States to be used for the supply and sea freight of the United States LNG exports. The Company's subsidiary, Petrogres Co. Ltd. (Petrogres), operates as an oil commodity company in West Africa. Its other subsidiaries are Petronav Carriers LLC (Petronav) and Petrogress Oil & Gas Energy Inc. (Petrogress Energy). Petronav focuses on primarily managing the day-to-day operation and handling of the tanker fleet it manages. Petrogress Energy is primarily focused on investigating the feasibility of acquiring oil fields in Texas so that the Company can expand its operations into the LNG market within the United States market.
PETROGRESS, INC. 
