schumbet.young
08-18-2009, 06:41 PM
ALGARY, Alberta, Aug. 10 /PRNewswire-FirstCall/ -- Mr. Frederick Fitzgerald, President and Chief Operating Officer of Capital Resource Alliance Inc. (OTC Bulletin Board: CRRA) announced today the acquisition of the principal assets of Engineered Construction Solutions Inc., of Calgary. Terms of the purchase are Forty Million shares of Capital Resource Alliance Inc. common stock at closing plus an undertaking to use every effort to supply up to $500,000 working capital on or before the closing date of October 31, 2009.
The purchased assets consist of all the proprietary technology and intellectual property involved with the manufacture and marketing of "WonderWall" a revolutionary building system that involves on site creation of long lasting, low cost housing, schools, commercial buildings and storage facilities. The foundation of the building components is a propriety ceramic foam manufactured on site, quickly and economically. The resultant building product is fire and water proof, virtually indestructible under normal conditions and extremely cost affective. Several foreign governments and commercial enterprises have indicated active interest in this new building technology.
The purchased assets consist of all the proprietary technology and intellectual property involved with the manufacture and marketing of "WonderWall" a revolutionary building system that involves on site creation of long lasting, low cost housing, schools, commercial buildings and storage facilities. The foundation of the building components is a propriety ceramic foam manufactured on site, quickly and economically. The resultant building product is fire and water proof, virtually indestructible under normal conditions and extremely cost affective. Several foreign governments and commercial enterprises have indicated active interest in this new building technology.