SLAP, Inc. (OTC:SLPI) has announced that will change its name to Estate Coffee Holdings Ltd following the acquisition of the company. The company has determined that generating revenue through its coffee operations is the company’s fastest growth opportunity. SLAP will undertake all of Estate Coffee Holdings’ business activities. SLAP’s oil and gas operations are currently under review and planning. No revenue is expected to be generated from those operations in the immediate future.
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SLAP, Inc., is a development-stage oil and gas exploration company. The Company has acquired a 2.5% working interest in an oil and gas drilling prospect in Alberta, Canada. As of August 31, 2009, the Company operated in the oil and gas industry in the West Caroline area of Alberta, Canada, and maintained a right to a 2.5% working interest in a well and in the mineral rights to a Crown Petroleum and Natural Gas lease governing the well. As of August 31, 2009, the Company did not have any oil and gas production or products. The spudding and the drilling of the West Caroline 8-18-35-11W5 well was commenced on June 30, 2008.
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