Mergers/Acquisitions and Partnerships There is unbelievably soooo much to unpack in this CAREFULLY written filing, status and going forward intimations.
So I need some help here because I would have expected more excitement on the boards with the M&A and partnership section.
Am I reading that area correctly that within weeks.. a merger or acquisition is to occur? I saw the word "Binding " and nearly jumped out of my shoes!! Then the Drosrite partnership coming announcement in weeks.
2 separate things right?
so BC Ventures highlighted all this in yellow but are we understanding the gravity of the following???
Something big is about to break as it seems the company is telling us in their own words.
I'd like to hear from folks on this because I'm on cloud 9 with this.
"Growth through Synergistic Mergers and Acquisitions:
As previously disclosed, the Company would conservatively consider a synergistic M&A strategy to augment its growth, and the Company has been very actively involved in pursuing several opportunities in support of this strategy. In so doing, the focus has been on private companies exclusively which (i) primarily leverage the Company’s Golden Ticket advantage/Coffee & Donuts strategy or (ii) could uniquely benefit from the Company’s engineering advantage and/or international relationships.
The Company expects to be announcing specific details over the next few weeks as these opportunities become more binding on the parties involved.
DROSRITE™
We expect to be able to announce within the next several weeks, the conclusion of a joint venture relationship with an existing and proven technology provider."