Simulated Environment Concepts, Inc. Executes a Letter of Intent (LOI) Concerning a Prospective Merger With CMR Construction & Roofing, LLC, Recognized as One of the Leading Roofing Firms in North America
Simulated Environment Concepts (OTC: SMEV) has executed a Letter of Intent (LOI) for a potential merger with CMR Construction & Roofing, a top 10 roofing company in North America. The merger aims to create a diversified construction company focused on enhancing shareholder value through investments and acquisitions in innovative construction businesses.
Key points:
- CMR has generated over $100 million annually since 2018
- The merger is expected to significantly increase SMEV's market capitalization
- The combined entity will focus on responsible risk management and practical solutions to global challenges in construction and roofing
- The new business model will include increased revenues from ancillary verticals and upselling existing customers
- CMR will become the surviving entity, with its team taking over SMEV's management
Concetti di Ambiente Simulato (OTC: SMEV) ha eseguito una Lettera di Intenti (LOI) per una possibile fusione con CMR Construction & Roofing, una delle prime 10 aziende di roofing in Nord America. La fusione mira a creare un'azienda di costruzione diversificata, focalizzata sull'aumento del valore per gli azionisti attraverso investimenti e acquisizioni in aziende di costruzione innovative.
Punti chiave:
- CMR ha generato oltre $100 milioni annui dal 2018
- Si prevede che la fusione aumenti significativamente la capitalizzazione di mercato di SMEV
- L'entità combinata si concentrerà sulla gestione responsabile del rischio e su soluzioni pratiche per le sfide globali nella costruzione e nel roofing
- Il nuovo modello di business includerà un aumento delle entrate provenienti da verticali accessorie e dalla vendita aggiuntiva ai clienti esistenti
- CMR diventerà l'entità sopravvissuta, con il suo team che prenderà in carico la gestione di SMEV
Conceptos de Ambiente Simulado (OTC: SMEV) ha firmado una Carta de Intención (LOI) para una posible fusión con CMR Construction & Roofing, una de las 10 mejores empresas de techado en América del Norte. La fusión tiene como objetivo crear una empresa de construcción diversificada enfocada en aumentar el valor para los accionistas a través de inversiones y adquisiciones en negocios de construcción innovadores.
Puntos clave:
- CMR ha generado más de $100 millones anuales desde 2018
- Se espera que la fusión aumente significativamente la capitalización de mercado de SMEV
- La entidad combinada se centrará en la gestión responsable del riesgo y en soluciones prácticas para los desafíos globales en construcción y techado
- El nuevo modelo de negocio incluirá un aumento de ingresos de verticales auxiliares y ventas adicionales a clientes existentes
- CMR se convertirá en la entidad sobreviviente, con su equipo asumiendo la gestión de SMEV
모의 환경 개념 (OTC: SMEV)는 북미 상위 10개 지붕 회사 중 하나인 CMR Construction & Roofing과의 잠재적 합병을 위한 의향서를 체결했습니다. 이 합병은 혁신적인 건설 사업에 대한 투자와 인수를 통해 주주 가치를 향상시키는 데 초점을 맞춘 다각화된 건설 회사를 만드는 것을 목표로 합니다.
핵심 사항:
- CMR은 2018년 이후 연간 1억 달러 이상을 창출했습니다
- 합병은 SMEV의 시장 가치를 크게 증가시킬 것으로 예상됩니다
- 결합된 기업은 책임 있는 리스크 관리와 건설 및 지붕 분야의 글로벌 도전에 대한 실용적인 솔루션에 집중할 것입니다
- 새로운 비즈니스 모델은 부가 수직선에서의 수익 증가와 기존 고객에 대한 추가 판매를 포함할 것입니다
- CMR은 생존하는 법인이 되어 그 팀이 SMEV의 관리를 인수할 것입니다
Concepts d'Environnement Simulé (OTC: SMEV) a signé une Lettre d'Intention (LOI) pour une fusion potentielle avec CMR Construction & Roofing, l'une des 10 meilleures entreprises de couverture en Amérique du Nord. La fusion vise à créer une entreprise de construction diversifiée axée sur l'augmentation de la valeur pour les actionnaires par le biais d'investissements et d'acquisitions dans des entreprises de construction innovantes.
Points clés :
- CMR a généré plus de 100 millions de dollars par an depuis 2018
- La fusion devrait augmenter considérablement la capitalisation boursière de SMEV
- L'entité combinée se concentrera sur la gestion responsable des risques et des solutions pratiques aux défis mondiaux dans le domaine de la construction et de la toiture
- Le nouveau modèle commercial inclura une augmentation des revenus issus de verticales auxiliaires et une vente additionnelle aux clients existants
- CMR deviendra l'entité survivante, son équipe prenant en charge la gestion de SMEV
Simulierte Umweltkonzepte (OTC: SMEV) hat ein Absichtsschreiben (LOI) für eine mögliche Fusion mit CMR Construction & Roofing, einem der Top 10 Dachdeckerunternehmen in Nordamerika, vorbereitet. Ziel der Fusion ist es, ein diversifiziertes Bauunternehmen zu schaffen, das sich darauf konzentriert, den Shareholder-Value durch Investitionen und Akquisitionen in innovative Bauunternehmen zu steigern.
Wichtige Punkte:
- CMR hat seit 2018 jährlich über 100 Millionen Dollar erwirtschaftet
- Die Fusion wird voraussichtlich die Marktkapitalisierung von SMEV erheblich steigern
- Die fusionierte Einheit wird sich auf verantwortungsvolles Risikomanagement und praktikable Lösungen für globale Herausforderungen im Bau- und Dachdeckerwesen konzentrieren
- Das neue Geschäftsmodell wird eine Umsatzsteigerung durch zusätzliche vertikale Geschäftsfelder und Upselling bei bestehenden Kunden beinhalten
- CMR wird die überlebende Einheit werden, wobei das Team die Leitung von SMEV übernehmen wird
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NASHVILLE, TN, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Simulated Environment Concepts, Inc. (OTC: SMEV or Simulated) and CMR Construction & Roofing LLC (referred to as "CMR") are pleased to announce the execution of a Letter of Intent (LOI) targeted at Strategic Business Combination potentially merging Simulated with CMR, one of the Top 10 roofing companies in the country.
The objective of this proposed merger is to establish a diversified construction company focused on enhancing shareholder value through investments in and acquisitions of innovative construction businesses that prioritize responsible risk management and provide practical solutions to global challenges in the construction and roofing industries. Further, this merger targets to incorporate an enhanced business model that includes increased revenues from ancillary verticals and upselling of existing customers with a full array of home improvements.
Both CMR and Simulated are confident that this merger will yield the necessary strength and resources to implement an ambitious growth strategy. The anticipated merger is a significant step in Simulated's evolution into a multi-faceted enterprise engaged in construction, real estate financing, corporate spin-outs, industry consolidations, and early-stage financing with CMR becoming the surviving entity.
"This strategic transition signifies a crucial juncture and opportunity for SMEV," stated Bryan Wilkinson, CEO of Simulated Environment Concepts. "I have been greatly impressed by CMR's successful execution and expansion since 2018, as they embrace innovation, diversification, and future technologies that will provide a renewed perspective for the future of SMEV shareholders."
The Letter of Intent delineates the principal terms of the proposed merger, which will greatly increase the value of SMEV's market capitalization, due to the fact that CMR has generated over
This merger will enable Simulated to incorporate substantial business acumen and management expertise when CMR's team takes over SMEV.
"We're looking forward to collaborating with Simulated and anticipate a successful merger. This transaction is important and integral to our Strategic Plan," said Steven Soule, CEO of CMR Construction & Roofing, LLC.
About CMR:
CMR is America's 9th-Largest Roofing Company. Proudly serving commercial, residential, and government clients nationwide, CMR specializes in historic restoration work, complex commercial buildings, and specialty residential projects. With over 500 employees nationwide, we have the team, equipment, expertise, and partnerships to respond quickly to clients’ needs, often mobilizing within 24 to 48 hours to help mitigate damage caused by severe storms. CMR has earned a reputation for completing challenging projects with ease and meeting tight deadlines while ensuring the quality and integrity of our roofing systems. CMR holds over 35 manufacturer certifications, an A+ rating with the Better Business Bureau, and many national, historical, and industry recognitions for service, success, and craftsmanship, including the Inc. 500 award.
About SMEV:
Nitro Holdings, LLC, a wholly owned subsidiary of SMEV, is an Aqua-Culture based company focused on Farming and Logistics. SMEV is currently in the final stages of completing our 2022 and 2023 audits with our intent to uplist to a new exchange with plans on being fully reporting company in 2024.
Contact Information:
SMEV Shareholder/Investor inquiries can be directed to:
Bryan Wilkinson - CEO
Email: ceo@nitroholdingsllc.com
URL: www.nitroholdingsllc.com
X: X.com/SMEVCO
FAQ
What is the purpose of the merger between Simulated Environment Concepts (SMEV) and CMR Construction & Roofing?
How much revenue has CMR Construction & Roofing generated annually since 2018?
What impact is the merger expected to have on SMEV's market capitalization?
Who will manage SMEV after the merger with CMR Construction & Roofing?
What new business strategies will be implemented after the merger between SMEV and CMR?
