Bikini Team International Inc. Announces Completion of Stock Exchange Agreement.Business Editors SALT LAKE CITY--(BUSINESS WIRE)--May 27, 2004 Bikini Bikini (bēkē`nē), atoll, c.2 sq mi (5.2 sq km), W central Pacific, one of the Ralik Chain, Marshall Islands. It comprises 36 islets on a reef 25 mi (40 km) long. Team International Inc., a Utah corporation ("Bikini Team" or the "company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BIKN), announced the completion of a stock exchange agreement (the "agreement") by and among Logistical Support, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a California limited The California Limited was one of the named passenger trains of the Atchison, Topeka and Santa Fe Railway and a true "workhorse" of the railroad. It was assigned train Nos. 3 & 4, and its route ran from Chicago, Illinois to Los Angeles, California. liability company, Hill Aerospace & Defense, LLC, a California limited liability company and its subsidiaries or affiliates (together "Hill"), and all of the holders of common membership interests and preferred membership interests of Hill, in consideration of the issuance and exchange of an aggregate of 63,200,000 "unregistered" and "restricted" shares of the company's $0.001 par value common stock, and 20,997,574 warrants to purchase common stock of the company. Following the closing of the agreement, the cancellation of certain shares by management and the issuance of the shares to be exchanged, and issuance of shares in connection with contractual obligations, there will be 63,945,000 outstanding shares of common stock of the company with the Hill common stockholders owning approximately 99.7% of these outstanding securities. Bikini Team's name will be changed to "Logistical Support Inc." and the company will seek a new OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. symbol. Hill Aerospace & Defense, LLC and Logistical Support, LLC will provide standard and non-standard parts and assemblies, ground support and test equipment, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to armed forces around the world, primarily for military aircraft and helicopters that are no longer supported by the manufacturer. |
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