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Bitech Technologies Corporation (BTTC) has issued an announcement.
Bitech Technologies Corporation has successfully acquired Emergen Energy LLC, becoming its sole owner through a stock-based transaction that saw the issue of over 222 million unregistered shares to C&C Johnson Holdings LLC. This strategic move has brought Cole Johnson, an experienced executive in the energy sector, onto Bitech’s Board and as President of BESS and Solar Divisions. Simultaneously, Bitech is taking steps to uplist to the NASDAQ stock exchange, bolstering its commitment to growth and shareholder value. The deal also includes various agreements, such as Project Management and Employment Agreements, plus stock option grants for key executives, which align leadership interests with the company’s long-term success.
For a thorough assessment of BTTC stock, go to TipRanks’ Stock Analysis page.