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ESTI |
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Sameer Hirji, President of ESTI will discuss the projected revenue for the last quarter of 2002 and the Corporate Strategy for 2003. Terms of the acquisition include payment by ESTI of 500,000 shares of convertible preferred stock to the shareholders of EngAcq, plus the investment of $150,000 in cash in tiered payments into EngAcq for corporate development. ESTI) (OTCBB:ESTT) announced today that ESTI and SMC Environmental Group (SMC) have signed waivers acknowledging that they have completed their due diligence requirements, which is a condition to the acquisition of SMC by ESTI under the Agreement and Plan of Reorganization of July 20, 2002. |
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