Rapid Fitness, Inc. Announces Company Completes $107 Million Dollar Acquisition of Reomt, LLC.admin
Tuesday, August 5th 2008
RAPID FITNESS, INC. a publicly traded company currently on the Over the Counter, announced the Company has signed the final agreement to acquire Reomt, LLC., a gold mine holding company with a 160 acre gold mine in Nevada, called and filed as the “Lucky Linda claim.”
Under the Agreement, Reomt, LLC. becomes a subsidiary of Rapid Fitness, soon to be changed to Tri-Star Holdings, Inc. We are presently working on the new website which will include details about the claim including geological reports about the gold mine within the next week. The move comes as management responds to the need to diversify the company’s assets to support the company’s revenue growth and shareholder value. Roemt, LLC.’s most recent geological reports and preliminary metals surveys estimate a total possible gold and other precious metals reserve of $80 billion dollars on the site. The company is now in negotiations with equipment vendors, refinery operators and building contractors to begin construction of the extraction plant. The companies’ intent is to begin operations as soon as possible.
Anthony Mellone stated, “This is an extremely exciting deal for the company and our shareholders. The state of Nevada has permitted 900 tons of earth, gold and mineral deposits to be processed during the immediate permit process. The estimated cost of this first run is $45,000.00 dollars with potential initial revenues of up to $5,600,000.00.”