EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) Files An 8-K Regulation FD DisclosureITEM 7.01 Regulation FD Disclosure
Metropolitan Dry Cleaners – Update:
Experience Art and Design Inc. "EXAD" would like to take this time to update shareholders on the progress of Metro and the spin-off.
Lawrence Gorman is stepping down from Metro and EXAD. After communications fell apart with the seven-unit seller from the Cape of Massachusetts, Mr. Gorman later decided since the opportunity proposed to him was not the same, it was no longer for him.
EXAD is seeking to acquire another company to merge in to its subsidiary to be spun-off to the shareholders.
In the meantime the Company is moving forward with it previously announced business model. EXAD shall apply for a new name and ticker and bring in new assets and operations.
About EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD)
Experience Art and Design, Inc. is a development-stage company. The Company is focused on two primary business models: the re-work of existing oil wells and dry cleaners, through two subsidiary companies: TransAmerican Oil and Metropolitan Dry Cleaners respectively. TransAmerican Oil is an oil and gas company, pursuing either producing turnkey oil wells, or developing fresh oil wells on producing leases within the Continental United States. The properties in which TransAmerican Oil is pursuing interests, are in various stages of development. TransAmerican is focused on the exploration, development and production of properties geographically located in the Continental United States. Metropolitan Dry Cleaners provide dry cleaning, laundry, and garment alteration services, along with regular home pick-up and delivery services. Metropolitan Dry Cleaners will have both production facilities and retail storefronts to complement its pick-up and delivery service. EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) Recent Trading Information
EXPERIENCE ART AND DESIGN, INC. (OTCMKTS:EXAD) closed its last trading session 00.00000 at 0.00200 with 70,000 shares trading hands.