As of May 27, 2015, Cullen Agricultural Holding Corp. was acquired by Long Island Iced Tea Corp. Cullen Agricultural Holding Corp., a development stage company, through its subsidiary, Cullen Agricultural Technologies Inc., focuses on the development, adaption, and implementation of grazing-based farming systems primarily in the southeastern United States. The company intends to produce raw milk for the liquid market in the Eastern Seaboard utilizing the farmland; and to sell livestock. It also intends to offer a range of farm management and technology services, such as forage techniques, and genetics and feed management strategies designed to help improve the productivity and profitability ...
1193 Seven Oaks Road
Waynseboro, GA 30830
Cullen Agricultural Holding Corp. Enters into Agreement with Long Island Brand Beverages to Extend the Maturity Date of Three LIBB Promissory Notes
Mar 9 15
On March 4, 2015, Cullen Agricultural Holding Corp. entered into an agreement with Long Island Brand Beverages, LLC, pursuant to which Cullen agreed to extend the maturity date of three LIBB promissory notes from March 15, 2015 until March 15, 2016. The promissory notes were issued by LIBB on November 19, 2013, December 5, 2013 and April 1, 2014, in the amounts of $600,000, $600,000 and $300,000, respectively, and bear interest at 6% per annum. Cullen is party to an Agreement and Plan of Reorganization with Long Island Iced Tea Corp, Cullen Merger Sub Inc., LIBB Acquisition Sub, LLC, LIBB and Phil Thomas and Thomas Panza, each a member of LIBB. Pursuant to the merger agreement, among other things, parent merger Sub will merge with and into Cullen, with Cullen surviving as a wholly owned subsidiary of Holdco and with Cullen's stockholders receiving newly issued shares of Holdco common stock, and LIBB Merger Sub will merge with and into LIBB, with LIBB surviving as a wholly owned subsidiary of Holdco and with the members of LIBB receiving newly issued shares of Holdco common stock.
Cullen Agricultural Holding Corp. Announces Executive Changes
Nov 15 13
On November 11, 2013, Eric J. Watson and Richard Watson resigned from their respective positions as officers and directors of Cullen Agricultural Holding Corp. (Cullen). Eric J. Watson previously served as Chief Executive Officer, Secretary and Treasurer of Cullen, as well as a director. Richard Watson served as Chief Scientific Officer of Cullen's wholly-owned subsidiary Natural Dairy Inc., as well as a director of Cullen. Messrs. Watson and Watson did not resign due to any disagreement with Cullen or its management on any matter relating to Cullen's operations, policies or practices. On the same date, Paul N. Vassilakos was appointed as Chief Executive Officer and a director of Cullen. Mr. Vassilakos has served as the assistant treasurer of Cullen since October 2009. Mr. Vassilakos has served as the assistant treasurer of Cullen since October 2009. Mr. Vassilakos founded Petrina Advisors Inc., and has served as its president since its formation in July 2007.