ABSTRACT
The meeting involved a strategy discussion of how to get more deeply involved with the area of green energy. With the national push to reduce America's dependence on oil, plus the burgeoning green movement, Texsize Oil had been on the hunt for companies to acquire to help it diversify its revenue streams. During that meeting, Jim Hand, the CEO, presented an acquisition opportunity that was mind-boggling. Mr. Hand's acquisition team had found a microbiology company, Green Steam, which had developed a microbe that would turn water into an instant energy form. Mr. Freeman went on to say that Teledyne was a company that made water filters. They were the only company that Green Steam could use to get their microbes into the water system. Since Teledyne was not the acquisition stock, Mr. Freeman said that it would not violate any SEC rules.
