Coastal Acquires Simply Lids Inc.
Las Vegas, Nevada – (iMicrowire – Sept. 5, 2014) – Coastal Integrated Services, Inc.(OTCPink: COLV), is pleased to announce that it acquired Simply Lids Inc., a private Nevada company (“Simply Lids”), through a share exchange agreement between COLV, Simply Lids, and the shareholders of Simply Lids, pursuant to which COLV issued 300,000,000 shares of its restricted common stock to the shareholders of Simply Lids.
This resulted in making Simply Lids its wholly owned subsidiary. Simply Lids is an award winning company whose specialty is disposable beverage lids in the food services industry. Simply Lids’ patented technologies provide a safer, more enjoyable drinking experience, without splashing or spills, and has the added benefit of unique marketing opportunities, never before realized in this industry sector. Simply Lids plans on being the leader in this multi-billion dollar sector through the application of its unique technology and innovation. For more information, please visit our website at www.coastalintegratedservices.com.
Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect COLV’s current views with respect to future events that may involve risks and uncertainties.
Mr. John Newman, President