powerbattles
8 years ago
SELR___NEW MERGER____NEW ACQUISITION OF GLOBAL SEAFOOD INTERNATIONAL, INC.
SEASONAL MANAGEMENT TEAM.
REAL KEY PLAYERS BEHIND THE COMPANY
AS 895 Mil
OS 205,702,522
Float 80 Mil
Website: http://steeleresources.com/index.html
STEELE RESOURCES CORPORATION BUSINESS ENTITY INFOMATION
http://nvsos.gov/sosentitysearch/PrintCorp.aspx?lx8nvq=l%252bex6wn4njmsr9ZADrVrsw%253d%253d
Steele resources no longer exist.
The merger born here...
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912574013
Quote:
On July 22, 2016, Steele Resources implemented a domicile change from Nevada to Oklahoma by creating and merging into Steele Seafood Corporation ("Steele Seafood"), an Oklahoma corporation. The domicile change was approved by the Oklahoma Secretary of State. The domicile change was approved by the Board of Directors and the majority shareholders of Steele Resources.
https://www.sos.ok.gov/corp/corpInformation.aspx?id=1912574013
STEELE SEAFOOD CORPORATION
Brand new company: Born July 22, 2016
https://www.bizapedia.com/ok/steele-seafood-corporation.html
LOOK LIKE THIS IS A TRIANGULAR MERGER
JANUARY 20TH 2017 PURCHASE AGREEMENT BETWEEN
STEELE OCEANIC CORPORATION
AND
GLOBAL SEAFOOD INTERNATIONAL, INC.
AND
GLOBAL 2.0 CORPORATION
https://www.lawinsider.com/contracts/2pSzhNYCuag1bn2ZJWCa55/steele-resources-corp/1404280/2017-01-20
SELR EXCEPTIONAL SEASONAL MANGEMENT TEAM.
Carlos Faria β Managing Director/Steele Oceanic Corporation/Operations:
Before joining Steele Oceanic, Mr. Faria was Senior Vice President β Procurement at AquaStar, the largest operating company in the Red Chamber Group, a $3 Billion vertically integrated leader in the International Seafood market. (www.aquastar.com). During his tenure, he developed 4 new product lines with over 50 new sku's. From 2012 β 2015 he served as Vice President of Operations at Chicken of the Sea Frozen Foods, the largest operating company in the Thai Union Group, a $5 Billion diversified international seafood company, (www.thaiunion.com). As Head of East Coast operations, he was an integral part of the management team that brought revenues from $400 Million to $950 Million in four years. He began his career at Citibank, N.A. as an International Business Analyst in Caracas, Venezuela.
Pedro Veganzones β Managing Director/Operations:
Since 2001, Mr. Veganzones has held senior positions in the Chilean Seafood Industry, where he was personally responsible for the development of new relationships with some of the largest wholesale/retail seafood procurement companies in the United States and Asia. His skills negotiating with clients and managing interdepartmental teams have proven key to increasing the value of companies through improved management strategies. His expertise includes fresh and frozen Salmon, Steelhead, Coho, Mussels and Crab products. Mr. Veganzones had risen to the position of National Sales Director, USA, prior to joining GSI in 2016.
Scott D. Landow β Founding Partner:
A serial entrepreneur with over 30 years' experience building and executing business plans in: Investment Banking; Specialty Retail; Medical Equipment; Beverages & Sports Nutrition, successfully conducting business from East Asia, U.S. to China, Japan, Korea and the Middle East. Mr. Landow specializes in building business strategies for emerging growth companies that have plateaued using their own momentum. He has been the CEO/Chairman of several public companies, typically in a 'transitional role' for a few years, aggregating and integrating new resources and managerial expertise to lead the next evolution and growth. For the past several years he has also been an Adjunct Professor of Entrepreneurship at California State University.
Acquisition of Global Seafood International, Inc. (GSI)
Steele Oceanic currently conducts the majority of its operations through its wholly owned operating subsidiary, Global Seafood International, Inc., (GSI), which it acquired on October 1, 2016 in an all-stock transaction
GSI began its first year of business in 2016, operating primarily as a 'trading company', acquiring inventories at record low prices when many buyers were constrained by line of credit reductions or cut off completely and continues to engage in this business subsequent to the acquisition by Steele Oceanic on October 1, 2016.
Chilean Aquaculture and the Company's focus on the Southern Most Regions
In 2016, GSI developed a purchasing strategy focused on Salmon produced in the furthest south waters in Chile. This is a very significant and differentiable aspect of Steele Oceanic's business plan
Chilean salmon represents a tremendous opportunity for our Company to expand horizontally.
$SELR (NO R/S.)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128800761
powerbattles
8 years ago
SELR A BRAND NEWS COMPANY FORMED AUGUST 2016 THAT ALREADY PROFIT $29,936
Steele Oceanic was formed on August of 2016, but it did not begin operations in its current line of business until its acquisition of Global Seafood International, Inc. on October 1, 2016. [Global Seafood had operations for the entire calendar year.] As such, we have not engaged in a sufficient amount of consistent activity over a sustained period of time to establish an operating history in our current line of business, except through our wholly owned subsidiary, Global Seafood International, Inc.. Since beginning operations in our current line of business, we have not been profitable, and we have limited financial results upon which you may judge our potential. As of October 31, 2016, our profits totaled $29,936.
powerbattles
8 years ago
SELR Acquisition of Global Seafood International, Inc. (GSI)
On October 1, 2016, the Company completed a Stock Purchase Agreement for GSI. As consideration for the transaction, the Company provided Global 2.0, 284,490 shares of Series B Convertible Preferred Stock. These Series B Preferred Shares are not subject to the reverse stock split discussed otherwise in this filing and would convert into 284,490 shares of common stock at the discretion of sellers of Global 2.0. In the event the sellers of Global 2.0 determined to convert their Series B Preferred Shares, based on the current issued and outstanding shares and shares reserved for issuance as of the date herein, would receive 9.48% of the issued and outstanding shares of common stock on a post-split basis. Steele Oceanic currently holds all the issued and outstanding shares of GSI.
GSI began its first year of business in 2016, operating primarily as a 'trading company', acquiring inventories at record low prices when many buyers were constrained by line of credit reductions or cut off completely and continues to engage in this business subsequent to the acquisition by Steele Oceanic on October 1, 2016.
Chilean Aquaculture and the Company's focus on the Southern Most Regions
In 2016, GSI developed a purchasing strategy focused on Salmon produced in the furthest south waters in Chile. This is a very significant and differentiable aspect of Steele Oceanic's business plan
powerbattles
8 years ago
SELR THEY JUST DID A MERGER BELOW...
Steele Oceanic Corporation, an Oklahoma Corporation ("Steele Oceanic") was the resulting corporation arising from a reorganization into a holding company structure (the "Reorganization").
To effect the Reorganization, Steele Oceanic was formed by Steele Resources Corporation, an Oklahoma corporation, ("Steele Resources") as its direct and wholly owned subsidiary, and, in turn, Steele Oceanic formed SELR PRE, Inc., an Oklahoma corporation ("Merger Sub") as a wholly owned subsidiary of Steele Oceanic. The holding company organizational structure was implemented pursuant to Section 1081(g) of the Oklahoma General Corporation Act ("Oklahoma Act") by the merger of Steele Resources with and into Merger Sub. Merger Sub survived the merger as a direct, wholly owned subsidiary of Steele Oceanic.
powerbattles
8 years ago
Management contends that this 'Perfect Storm' business environment, one of the largest in the past 75 years, set a unique landscape on which to build a vertically integrated International Seafood enterprise and execute a Roll-up Strategy in the industry.
Management believes that a business opportunity is available as a result of many wholesale companies that we contend were unable to complete existing orders or enter new orders for their longtime customers. Under normal circumstances, those customers may never have considered an alternative resource like Steele Oceanic but under the current conditions, we intend to expand our customer base by proving an alternative source to their orders.
As the markets begin to settle, Steele Oceanic is positioning itself to acquire assets of established companies, (now in need of a safe harbor to join), at a substantial discount to the premium normally expected for acquisitions and is in some cases, an actual discount to today's market values.
The Vision for Steele Oceanic: Utilizing a public entity to become one of the limited number of remaining 'buyers' in the growing number of motivated sellers in the small-middle tier entities. (See Acquisition of Global Seafood International, Inc. below)