MLGT Company Overview and Description
mLight Tech Clarifies Details Regarding Finalization of Agreement to Acquire The Ding King Training Institute
COSTA MESA, CA, Aug 30, 2013 (Marketwired via COMTEX) -- mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today that it has made considerable progress on the acquisition of The Ding King Training Institute, Inc. and will complete the transaction once the audited financials for DKTI, Inc. are completed. On August 14, 2013 mLight Tech, Inc. announced the signing of a binding Letter of Intent to acquire 100% of the stock of The Ding King Training Institute, Inc.
Under the terms of the proposed agreement, The Ding King will become the wholly owned operating subsidiary of mLight Tech and mLight Tech will be the reporting parent company.
Todd Sudeck is the CEO of both companies and has corporate authorization to finalize the agreement for both entities; therefore, the acquisition will take place upon completion and delivery of the audited financials.
ABOUT DING KING
The Ding King Training Institute is a Bureau for Private Postsecondary Education (BPPE) approved institution, and has been certified to meet the minimum standards established by the Bureau for integrity, financial stability, and educational quality, including the offering of bona fide instruction by qualified faculty and the appropriate assessment of students' achievement prior to, during, and at the end of its training programs.
The Ding King Training Institute teaches Paintless Dent Repair and other Automotive Appearance Programs. Ding King's Paintless Dent Repair Tools are distributed on over 3,000 Snap-On Tool Trucks nationwide and its do-it-yourself dent repair kit called Ding King was marketed on television and sold at major retailers across the United States.
mLight Tech, Inc. (OTCQB: MLGT) trades on OTCQB, the venture state marketplace for companies that are current in their reporting with a U.S. regulator (SEC, bank, insurance).
The Ding King infomercial for the most popular do-it-yourself dent repair kit called "Ding King" was marketed on television and sold at major retailers across the United States.
http://www.youtube.com/watch?v=0JGXbIfeuRY
conditions of the LETTER OF INTENT
PER 8K: http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9442120
MLGT Key Company Management
Todd Sudeck – Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, President and Director
Todd Sudeck, age 47, has over twenty years of experience within the business, strategy, management in the automotive industry. He founded The Ding King in 1993 and has been the CEO, President, and Founder since inception. Todd is a visionary leader with broad-based automotive experience in all aspects of the Paintless Dent Repair industry. He has become an expert in mobile services, retail stores, training, tool distribution, infomercial and consumer product segments of the automotive appearance industry.
From 1990 to 1991, Mr. Sudeck worked for Prudential California Realty in Newport Beach, California managing residential sales.
Mr. Sudeck went to California State University of Northridge from 1983 through 1989 focusing on sales communications and marketing.
Our company believes that Mr. Sudeck’s education background, and business and operational experience give him the qualifications and skills necessary to serve as the Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, President and sole Director of our company. Our board of directors now consists solely of Todd Sudeck.
PER 8K: http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9442120
MLGT Contact Info
mLight Tech, Inc
3100 Airway Avenue
Suite 141
Costa Mesa, CA 92626
Phone: 949-981-3464
MLGT SEC Filings
http://www.otcmarkets.com/stock/MLGT/filings
MLGT Headlines
http://finance.yahoo.com/q/h?s=MLGT+Headlines
Investigate more about MLGT @ http://www.otcmarkets.com/stock/MLGT/quote for more due diligence.
Ding King's Retail Lead Referral Program, whereby consumers seeking Ding King's services are instantly connected to Ding King Certified Professionals in their hometown.
With the increased demand for quality technicians on the rise and every major insurance company recognizing paintless dent repair as the preferred method of repair for hail damage, Ding King seeks to capitalize on this huge market by selling these leads to its nationwide network of Certified Professionals. "This is a win-win-win," comments Todd Sudeck, founder and CEO of The Ding King Training Institute. One of the largest challenges repair technicians face is generating customers. Ding King benefits by increasing revenues tremendously, while consumers get the highest quality repairs in the industry, with our Certified Ding King Network of Service Professionals benefiting with a low cost basis for generating a new customer, with repeat and referral customers at no additional cost.
We anticipate revenues immediately upon the launch of this new program. Check it out at http://www.CertifiedAutoPros.com
resource: http://finance.yahoo.com/news/mlight-tech-inc...29545.html
mLight Tech Clarifies Details Regarding Finalization of Agreement to Acquire The Ding King Training Institute
COSTA MESA, CA, Aug 30, 2013 (Marketwired via COMTEX) -- mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today that it has made considerable progress on the acquisition of The Ding King Training Institute, Inc. and will complete the transaction once the audited financials for DKTI, Inc. are completed. On August 14, 2013 mLight Tech, Inc. announced the signing of a binding Letter of Intent to acquire 100% of the stock of The Ding King Training Institute, Inc.
Under the terms of the proposed agreement, The Ding King will become the wholly owned operating subsidiary of mLight Tech and mLight Tech will be the reporting parent company.
Todd Sudeck is the CEO of both companies and has corporate authorization to finalize the agreement for both entities; therefore, the acquisition will take place upon completion and delivery of the audited financials.
ABOUT DING KING
The Ding King Training Institute is a Bureau for Private Postsecondary Education (BPPE) approved institution, and has been certified to meet the minimum standards established by the Bureau for integrity, financial stability, and educational quality, including the offering of bona fide instruction by qualified faculty and the appropriate assessment of students' achievement prior to, during, and at the end of its training programs.
The Ding King Training Institute teaches Paintless Dent Repair and other Automotive Appearance Programs. Ding King's Paintless Dent Repair Tools are distributed on over 3,000 Snap-On Tool Trucks nationwide and its do-it-yourself dent repair kit called Ding King was marketed on television and sold at major retailers across the United States.
mLight Tech, Inc. (OTCQB: MLGT) trades on OTCQB, the venture state marketplace for companies that are current in their reporting with a U.S. regulator (SEC, bank, insurance).
The Ding King infomercial for the most popular do-it-yourself dent repair kit called "Ding King" was marketed on television and sold at major retailers across the United States.
conditions of the LETTER OF INTENT
PER 8K: http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9442120
MLGT Key Company Management
Todd Sudeck – Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, President and Director
Todd Sudeck, age 47, has over twenty years of experience within the business, strategy, management in the automotive industry. He founded The Ding King in 1993 and has been the CEO, President, and Founder since inception. Todd is a visionary leader with broad-based automotive experience in all aspects of the Paintless Dent Repair industry. He has become an expert in mobile services, retail stores, training, tool distribution, infomercial and consumer product segments of the automotive appearance industry.
From 1990 to 1991, Mr. Sudeck worked for Prudential California Realty in Newport Beach, California managing residential sales.
Mr. Sudeck went to California State University of Northridge from 1983 through 1989 focusing on sales communications and marketing.
Our company believes that Mr. Sudeck’s education background, and business and operational experience give him the qualifications and skills necessary to serve as the Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, President and sole Director of our company. Our board of directors now consists solely of Todd Sudeck.
PER 8K: http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9442120
MLGT Contact Info
mLight Tech, Inc
3100 Airway Avenue
Suite 141
Costa Mesa, CA 92626
Phone: 949-981-3464
MLGT SEC Filings
http://www.otcmarkets.com/stock/MLGT/filings
MLGT Headlines
http://finance.yahoo.com/q/h?s=MLGT+Headlines
Investigate more about MLGT @ http://www.otcmarkets.com/stock/MLGT/quote for more due diligence.
Ding King's Retail Lead Referral Program, whereby consumers seeking Ding King's services are instantly connected to Ding King Certified Professionals in their hometown.
With the increased demand for quality technicians on the rise and every major insurance company recognizing paintless dent repair as the preferred method of repair for hail damage, Ding King seeks to capitalize on this huge market by selling these leads to its nationwide network of Certified Professionals. "This is a win-win-win," comments Todd Sudeck, founder and CEO of The Ding King Training Institute. One of the largest challenges repair technicians face is generating customers. Ding King benefits by increasing revenues tremendously, while consumers get the highest quality repairs in the industry, with our Certified Ding King Network of Service Professionals benefiting with a low cost basis for generating a new customer, with repeat and referral customers at no additional cost.
We anticipate revenues immediately upon the launch of this new program. Check it out at http://www.CertifiedAutoPros.com
resource: http://finance.yahoo.com/news/mlight-tech-inc...29545.html
