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by Stockwatch Business Reporter

The TSX Venture Exchange fell 7.94 points to 702.85 Monday. Michael Chen's halted, six-year-old capital pool shell, Ord Mountain Resources Corp. (OMR), plans to acquire Penta 5 Packaging Inc. for its qualifying transaction. Penta 5 Packaging, which was incorporated in British Columbia five months ago, is in the process of acquiring Penta 5 USA LLC, a packaging company in Sarasota, Fla. (near Tampa). Penta 5 Packaging will issue 41 million shares to acquire Penta 5 USA. Afterward, Ord Mountain, which has 2.37 million shares issued, will issue 67 million shares to acquire Penta 5 Packaging.

Penta 5 USA packs various products into resealable plastic pouches that can stand up on their own. The pouches may have a zipper or a spout, and can keep products cold or hot, as needed. The company owns two facilities, covering a total of 150,000 square feet in Sarasota, where it packs the following products into pouches: wines, craft beers, spirits, cocktails, water, food, cannabis oil extracts, dry goods, a spray for keeping bacteria off citrus trees and a spray for keeping mites out of beehives.

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