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Posted On: 05/10/2017 5:16:52 PM
Post# of 103698
CSOC just announced today they may be merging soon. This is the company I believe will merge with ICNM. We'll have to wait for more news. They could be waiting on the quiet period for ICNM to end. Fingers crossed here. Could also explain the EOD trade on ICNM for over 11mil.
Johnston, RI, May 10, 2017 (Newswire.com) - Caduceus Software Systems Corp (OTC PINK: CSOC) an innovative company, that develops software, software design announces to its shareholder that it has found a potential merging partner. “We have been working in the background on, please look forward to an announcement with more details of the merger candidate,” said Richard Tang, President of CSOC.
“We are pleased to announce, a healthy 90,000,000 (ninety million) share cancellation that my wife and I have worked hard at putting together. We hope shareholders can appreciate our efforts to demonstrate our commitment to value, and what better way than to reduce the number of Outstanding shares, a commitment that comes with a cost, as we give up more shares, we reduce the amount of leverage we have. We are not only reducing these shares now but want to do more in the near future. We have to work out how many we would need for potential Merger & Acquisition deals, but we are committed to shareholder value and will continue to do things like this as we strive to prove ourselves in this market,” said Tang.
https://www.newswire.com/news/caduceus-softwa...d-19440858
Johnston, RI, May 10, 2017 (Newswire.com) - Caduceus Software Systems Corp (OTC PINK: CSOC) an innovative company, that develops software, software design announces to its shareholder that it has found a potential merging partner. “We have been working in the background on, please look forward to an announcement with more details of the merger candidate,” said Richard Tang, President of CSOC.
“We are pleased to announce, a healthy 90,000,000 (ninety million) share cancellation that my wife and I have worked hard at putting together. We hope shareholders can appreciate our efforts to demonstrate our commitment to value, and what better way than to reduce the number of Outstanding shares, a commitment that comes with a cost, as we give up more shares, we reduce the amount of leverage we have. We are not only reducing these shares now but want to do more in the near future. We have to work out how many we would need for potential Merger & Acquisition deals, but we are committed to shareholder value and will continue to do things like this as we strive to prove ourselves in this market,” said Tang.
https://www.newswire.com/news/caduceus-softwa...d-19440858
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