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Techlabs,
Inc. had previously acquired a 7% equity position in The Bighub.com, Inc.
The BigHub.com, Inc. announced that it was in negotiations with a
fabrication company in order to acquire it. The fabrication company
had revenues in excess of $4.0 million in 2007 and is currently
undergoing an audit in order to facilitate the transaction. As part
of the transaction Techlabs will end up with 71% common stock
ownership of the BigHub.com and Techlabs will assist The
Bighub.com, Inc. in regaining trading status on the PinkSheets and
ultimately apply for uplisting on the OTC Bulletin
Board.
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TECHLABS,
INC. ANNOUNCES INTENT TO PURCHASE OIL PROPERTY LEASES
Techlabs,
Inc. will add to its collection of asset properties by purchasing
oil leases where previous operators have abandoned formerly
producing wells. The Company will operate these properties through a
newly formed subsidiary, Teton Oil & Gas.
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Techlabs, Inc. acquires Byers Foods
Byers
Food Company (“Byers”) is a full service consumer products sales
and marketing company specializing in the Natural and Organic food
products. Byers’
primary goal is to build a long term growth oriented brand
development strategy that will ensure profitable results.
Byers
Food Company is an Illinois Corporation based in Franklin Park,
Illinois, developed by its' principal operator and founder, Mr.
Francis P. Manzo.
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Sirenas Resorts
has
recently been established by the Company to acquire micro-resort
properties in the Caribbean. These resorts are for an adult
lifestyle with all the privacy of a tropical island setting. These
resorts are gaining popularity and occupancy rates are higher than
traditional "get away" destinations. Click the Sirenas
logo on the left for more information.
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Sirenas Cigars is a new
product line recently announced. This premium hand rolled cigar line
is for gentlemen and ladies that want to enjoy a finer cigar aficionado
lifestyle. The Company plans a complete cigar line available on the
internet along with making the line available to select cigar
retailers.
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