Flameret, Inc. (FLRE.OB) Moves to Acquire Winner Garment
Flameret, www.flameret.com – the developer and marketer of a truly robust array of fire retardant products which are suitable for a variety of applications, today reported signing of a letter of intent to acquire all issued/outstanding capital stock of 35-year veteran Canadian clothing firm, Winner Garment Industries, Ltd. President of Winner, Ben Wong, indicated that extensive consideration by both management and the Board of Directors has resulted in the overwhelming view that this proposed transaction is “an exciting opportunity for Winner”. President and CEO of FLRE, Christopher Glover, characterized Winner as satisfying the Company’s acquisition criterion superbly, and noted the…