ReoStar Signs LOI With L. Myers Associates for Acquisition

Reostar Energy Corp. (OTC: REOS) announced today that the company just signed a letter of intent (LOI) for acquisition with L. Myers Associates, a Pennsylvania-based manufacturer, distributor and importer of advertising specialty products specializing in custom printed and embroidered apparel.

L. Myers Associates was founded in November 1970 by Mr. Larry Myers. Currently, the company's operation is in a 16,000 square feet building and makes approximately $4M in annual revenue.

The CEO of ReoStar, Michael Lajtay, stated, "We are extremely excited to sign this letter of intent with Mr. Larry Myers and we're looking forward to completing this acquisition."

About ReoStar Energy Corp

ReoStar Energy Corp. is an Emerging Growth Energy Company with a two-fold mission: to aggregate existing oil and gas production from proven reserve fields to maximize revenues and to segregate some of those hydrocarbon revenues to acquire alternative energy sources. ReoStar plans to follow the Carbon Neutral protocols to be a Net Zero Carbon Neutral Energy Company by 2050. 

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