Investor Relations | REAC Group, Inc.
REAC Group, Inc. shares are publicly quoted and listed on the OTC public exchange. Our symbols are REAC, we are a full reporting public company and all of our filings regarding our current financial statements such as 10Q’s, 10K’s, 8K’s, etc. can be viewed on the SEC.gov website.
REAC Group, Inc. has entered into the Green Sector and intends to become a leader in the alternative energy agriculture biofuel business. The company has acquired Patriot Bioenergy Corporation which is an alternative energy agriculture biofuel company specializing in the utilization of hemp.
Our business model is to produce CBD extract for white-labeling operations under agreements we are executing with various brands, while fiber and hurd materials will be marketed as well and/or used internally for gasification and manufacturing of bio-char and active carbon that will in turn be sold under wholesale agreements to retail operations. REAC Group, Inc. will continue to introduce our operational progress and other corporate actions that will include our business plan, business model and plan of growth.
OTC Markets Profile: http://www.otcmarkets.com/stock/reac/profile
News and Analysis: http://www.otcmarkets.com/stock/REAC/news
On January 4, 2017, REAC Group, Inc. (the “Company”) closed the Asset Purchase Agreement (“APA”) with Patriot Bioenergy Corporation, a Kentucky corporation (“Patriot”), for the purchase of all of the assets related to the business of operating a hemp processing and growth operation and selling hemp related products (the “Business”). After consummation of the APA, in which REAC Group, Inc. acquired all of Patriot’s stock, Patriot became a wholly owned subsidiary of the Company.
On March 1, 2017, REAC Group Inc. announced that its wholly owned subsidiary Patriot Bioenergy Corporation has acquired Pikeville, Kentucky based Charro Development, LLC.
The merger expands the strategic capabilities of Patriot as it will provide Patriot access to woody biomass that will be utilized in addition with hemp in a new proprietary solidification product. This product has been in development to answer the absorption, solidification and stabilization needs of the oil and gas drilling, hydro-excavation, wastewater management and demolition industries.
The acquisition will also provide feedstock for the company’s bioenergy operations. The acquisition of Charro will expand the company’s assets and timber leases, which are up to 3,000 acres with additional timber lease negotiations underway for up to 15,000 acres within the next 12 to 18 months.
REAC is excited to add Charro Development to our operations. From the standpoint of access to available feedstock for bioenergy production, Charro’s strategic plan is a perfect fit for what REAC Group’s vision is to create vertical integration for biomass-based development. The integration of resources from hemp, woody biomass, and other biomass will provide a strategic vision that moves REAC Group and Patriot forward for a variety of end products from hemp extracts to industrial composites to energy products.
Our Companies Current SEC Filings: SEC FILINGS
Robert DeAngelis is the Founder, President and Executive Officer of REAC Group, Inc. and has been since the company’s inception. Mr. DeAngelis brings to the company over 20 years of successful business development and management experience along with a strong diverse background of sales, financial and internet experience. Mr. DeAngelis is responsible for running the overall day to day operations of the company, the overall vision, direction as well as the sales and marketing for the company.
Roger Ford is the CEO of Patriot Bioenergy Corporation and handles the day to day operations for Patriot. Mr. Ford is a frequent presenter and commentator on energy and public policy issues and writes a weekly opinion column for the Appalachian News-Express. He is a member of the Southeast Kentucky Chamber of Commerce and the Kentucky Chamber of Commerce, where he serves on the Energy and Environmental Council. Mr. Ford has worked over the past five years to position Patriot as a leader in Kentucky and the United States on the use of industrial hemp for a variety of applications, including advanced materials.