mLight Tech, Inc. Signs Definitive Agreement to Acquire The Ding King Training Institute, Inc.
COSTA MESA, CA--(Marketwired - Oct 24, 2013) - mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today the audited financials for The Ding King Training Institute, Inc. have been completed and mLight Tech, Inc. has signed the definitive agreement to purchase 100% of the outstanding stock of The Ding King Training Institute, Inc. The closing has been set for October 31, 2013 and an 8-K will be filed accordingly.
In response to shareholder inquiries, the float of mLight Tech, Inc. (OTCQB: MLGT), remains at 24 million shares and no additional free trading shares have been issued.
ABOUT DING KING
The Ding King Training Institute teaches Paintless Dent Repair and other Automotive Appearance Programs. Ding King's Paintless Dent Repair Tools are distributed 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).
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of mLight Tech, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.