CAVU Acquiring Sinacori Builders, Expects 20 Million Revenues/Strong Profits in 2020

CHARLOTTE, N.C., Jan. 21, 2020 (GLOBE NEWSWIRE) — CAVU Resources (CAVR) is excited to announce a Binding Agreement in Principle has been signed between CAVU Resources CEO Bob Silver and Sinacori Builders President and CEO Russell Sinacori.CAVU Resources will acquire 100% of Sinacori Builders for a total amount of $4,700,000.00, on very shareowner friendly, Restricted/non-toxic terms.“The acquisition of Sinacori Builders will give CAVU Resources proven executive leadership, and an immediate source of income and cash flow. Moreover, we anticipate the near-term completion and strategic launch of our social app SoKu, as we continue to position CAVU as a diversified industry leader. We will be announcing our path forward to include incredible business opportunities, which we believe will provide maximum shareholder value. I would like to thank each and all of you for continued support. I look forward to sharing more in the coming weeks,” said Bob Silver, CEO of CAVU Resources ( CAVU Resources and Sinacori Builders
CAVU Resources Inc.’s businesses focus on innovation, technology, development and sustainability capitalizing on the fast growing Cannabis, Hemp & Organic industry.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other thing, statements regarding the offering, the expected gross proceeds, the expected use of proceeds and the expected closing of the offering. Any forward-looking statements contained herein are based on current expectations and are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell its products; the expected benefits and efficacy of the Company’s products; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, marketing and distribution plans and strategies, including any reports on Form 8-K.
Company Contact:
Bob Silver

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