SuperBox, Inc. (OTCPK:SBOX) acquired New Fuel Systems Inc. for $1.7 million on August 11, 2016. SuperBox agreed to acquire New Fuel Systems for 6.9 million in stock. Under this transaction, SuperBox acquired Water Evolution Systems Inc., a wholly owned subsidiary of New Fuel. In a related transaction, SuperBox acquired Electric City Motors Corp. As of August 25, 2016 New Fuel Systems will change its name to SuperBox Holdings Canada, Inc. and Water Evolution Systems, Inc. will change its name to SuperBox Environmental Canada, Inc. SuperBox, Inc. (OTCPK:SBOX) completed the acquisition of New Fuel Systems Inc. on August 11, 2016.