Reverse Merger update from CEO draft
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Posted On: 03/13/2020 2:18:03 AM
The CEO should make the following update to the market once the reverse merger is completed
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We will address the topic that is at the top of everyone’s list. During the past month we had hoped to be in a position to announce Reverse Merger update. There have been several factors that have delayed completion of this step. We would like to assure shareholders that the merger negotiations are in a very active state. The merger candidate partner is represented by a U.K based Medical Devices Company with $500 Million Dollars under management and the deal size has several moving parts that need to be managed to make the entire transaction a success.
We have supplied all requested and required documents to make this a reality to the benefit of all shareholders. As soon as the Reverse Merger has been executed, we will be updating and submitting all documents to the disclosure section area to meet our material notice requirements followed by a press release to the general public which will identify all transaction participants.
.
We will address the topic that is at the top of everyone’s list. During the past month we had hoped to be in a position to announce Reverse Merger update. There have been several factors that have delayed completion of this step. We would like to assure shareholders that the merger negotiations are in a very active state. The merger candidate partner is represented by a U.K based Medical Devices Company with $500 Million Dollars under management and the deal size has several moving parts that need to be managed to make the entire transaction a success.
We have supplied all requested and required documents to make this a reality to the benefit of all shareholders. As soon as the Reverse Merger has been executed, we will be updating and submitting all documents to the disclosure section area to meet our material notice requirements followed by a press release to the general public which will identify all transaction participants.
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