Silverstar Resources, Inc. (OTCPK:SLVM) entered into a stock purchase agreement to acquire Integrated Waste Transportation Services, Inc. from Morris Heider for $0.4 million on May 22, 2016. As a part of consideration, Silverstar Resources will issue its 0.05 million shares and will pay $0.3 million. Silverstar Resources, Inc. (OTCPK:SLVM) completed the acquisition of Integrated Waste Transportation Services, Inc. from Morris Heider on May 22, 2016.