Hallmark Human Resources Becomes Public Company

Hallmark Human Resources Inc. has gone public through a share exchange with Great Spirits Inc.

Under terms of the agreement, Hallmark Human Resources will be the surviving entity of Great Spirits. Hallmark intends to change Great Spirit’s name, which trades on the OTC Bulletin Board under the symbol “GSPS,” and apply for a stock symbol change that more closely reflects Hallmark’s name and business.

Hallmark Human Resources provides high level human resource programs and services to small and mid-sized companies, as well as providing traditional payroll, tax, record keeping and benefits administration. Hallmark is a licensed Public Employer Organization (PEO) services to approximately 40 companies.

Also as part of the agreement, Thomas Willis, chief executive officer of Hallmark, becomes CEO of Great Spirits. Brian Leftwich has resigned as CEO of Great Spirits, but will remain on the company’s board of directors.

Also in connection with the agreement, Great Spirits issued 5,187,944 shares of common stock to the shareholders of Hallmark in exchange for all the outstanding common stock Hallmark, and Hallmark became a consolidated subsidiary of Great Spirits.