By Greentech Lead Team:
Diversified Secure Ventures announced its agreement to merge with Go Green
Technologies.
Upon stockholder approval and the pending reverse split
and name change, Diversified will issue to Go Green Technologies shareholders,
40 million restricted shares of the Go Green Global Technologies.
The newly formed corporation will also apply for a trading
symbol change to better reflect the corporation’s new name.
“The merger, I believe, will provide existing
shareholders and potential investors an exciting investment opportunity. The
company will have the exclusive global distribution rights of a technology that
initially has generated two excellent products, the Sonical Water Treatment
System and the Sonical Fuel Charger,” said John D’Alessandro, CEO of Go
Green.
According to the Goldman Sachs Water Report, the
worldwide market for the water application is conservatively estimated at over
$300 billion.
“We also continue to review other potential products and
technologies that will complement our business and environmental model. The
merger will allow the company to access the public markets in respect to
financing our endeavors and also provide us with an additional tool to assist
in marketing and gaining exposure of our products,” D’Alessandro added.