Bella Petrella's Holdings, Inc. (OTCBB: BTHR) cancelled the acquisition of units of Vasaturo Holdings LLC from Robert Vasaturo, Jr. and Melissa Vasaturo.
November 14, 2012 at 11:00 pm EST
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Bella Petrella's Holdings, Inc. (OTCBB: BTHR) signed a contract to acquire units of Vasaturo Holdings LLC from Robert Vasaturo, Jr. and Melissa Vasaturo for $0.8 million in cash on August 31, 2011. The transaction is expected to close after the financing is obtained. The transaction is subject to Bella Petrella's Holdings Board of Directors approval. The transaction is expected to close by October 31, 2011. Robert Vasaturo, Jr. and Melissa Vasaturo will use proceeds to repay the obligations of Vasaturo Holdings in the amount of $0.57 million arising out of a promissory note. The closing of this transaction is subject to the extensions for the promissory notes issued to purchase the Westshore Companies and has been extended until August 31, 2012.
Craig A. Wagner of Wagner, Johnston & Rosenthal, P.C acted as legal advisor for Robert Vasaturo. Jackson L. Morris of Jackson L. Morris, P.A acted as legal advisor for Bella Petrella's.
Bella Petrella's Holdings, Inc. (OTCBB: BTHR) cancelled the acquisition of units of Vasaturo Holdings LLC from Robert Vasaturo, Jr. and Melissa Vasaturo on November 15, 2012.
GGToor, Inc. is engaged in the business of esports, youth sports and family sports entertainment markets. The Company operates through two segments: Global eSports Operations and Virtual Real Estate Operations. Global eSports Operations segment consists of the operations of the Companyâs wholly owned subsidiary, Shadow Gaming, Inc. These operations include its Tournaments with the launch of its new Open Platform model, where users can establish and manage Shadow Gaming sponsored eSports events, with event organizers and the Shadow Gaming platform. Virtual Real Estate Operations segment consist of operations regarding the sale and/or leasing of the Companyâs Virtual Real Estate parcels. The combined parcels are called GGTOORCITY, which is a virtual city in entertainment.
Bella Petrella's Holdings, Inc. (OTCBB: BTHR) cancelled the acquisition of units of Vasaturo Holdings LLC from Robert Vasaturo, Jr. and Melissa Vasaturo.