Tri-Eye Design Shareholders Tender Shares to Saguaro

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Tri-Eye Design Shareholders Tender Shares to Saguaro

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- Saguaro Holdings Corp.'s (OTCPK: SGUJ) wholly owned subsidiary, Saguaro Oil & Gas Recovery, Inc. (SOGR) announces that 98.5% of the shares of Trieye Design Limited (TEDL) have been tendered by current shareholders for acquisition by Saguaro Oil and Gas Recovery, Inc. Both parties will now finalize all agreements and will strive to have them completed as soon as possible. Saguaro will issue new shares to the tendered shareholders after all of the required public steps have been completed. The Trieye shareholders that did not tender their shares will remain shareholders of Trieye after the closing.

About Tri Eye Design, Inc.:


Tri Eye Design, Inc. is an engineering design firm that focuses on technology for bio-enhanced living platforms that allow quick detection and repair of oil and gas pipelines along with biologically accelerated cleanup of land and water based oil spills. TEDL's team of engineers have developed a living oil prevention, skimming and absorption recovery technology which quickly and naturally helps in the cleanup of oil spills in environmentally sensitive areas on land and in fresh and salt water. It is the company's intent to complete its strategic partnerships and commercialize its technology in the coming months.

For further information please go to www.trieyedesign.com.

About Saguaro Oil & Gas Recovery, Inc.:

Saguaro Oil & Gas Recovery, Inc., is engaged in the business of oil and gas recovery, remediation and treatment. Its employs an evolving patented technology that is nearing the final stages of R&D and that the Company believes to be a cost efficient solution for the task of reducing certain value diminishing contaminates in natural gas streams. SOGR's mission is, and always has been, to promote the idea of increasing the quality and value of the Earth's natural resources by providing innovative solutions to the oil and gas industry.

For further information please go to www.saguaroholdings.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Statements made in this release that relate to future plans, events, financial results or performance are forward looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements are based upon current information and expectations. Actual results may differ materially from those anticipated as a result of certain risks and uncertainties. Investors should also be aware that while the Company from time to time does communicate with securities analysts, it is against the Company's policy to disclose to them any material non public information or other confidential commercial information. Investors should not assume that the Company agrees with any report issued by any analyst or with any statements, projections, forecasts or opinions contained in any such report.

Contacts:
 

Saguaro Oil & Gas Recovery, Inc.

William Hawkins, President

Tel: 863.258.0537


bhawkins@saguarocorp.com

 

Tri Eye Design, Inc.

Phillip Ciz, President

Tel: 780.805.0798

pciz@enterprise.ca

 

Investor Relations:

Stephen Taylor

Taylor Capital

Tel: 973.771.6401

stephen@taylorcapital.com

 



Saguaro Oil & Gas Recovery, Inc.
William Hawkins, President
Tel: 863.258.0537
bhawkins@saguarocorp.com
or
Tri Eye Design, Inc.
Phillip Ciz, President
Tel: 780.805.0798
pciz@enterprise.ca
or
Investor Relations:
Stephen Taylor
Taylor Capital
Tel: 973.771.6401
stephen@taylorcapital.com

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:

The article Tri-Eye Design Shareholders Tender Shares to Saguaro originally appeared on Fool.com.

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