Tuesday, December 08, 2015 9:14:39 AM
MERGER/ACQUISITION $COBI TARGETS: 0025/005/008/01: SHAREHOLDER UPDATE AND LETTER OF INTENT ANNOUNCEMENT
Nov 20, 2015
OTC Disclosure & News Service
Salt Lake City, UT -
COMPASS BIOTECHNOLOGIES SHAREHOLDER UPDATE AND LETTER OF INTENT ANNOUNCEMENT
November 20th, 2015--- Salt Lake City, Utah. Compass Biotechnologies Inc. (OTC PINK: COBI) (PINKSHEETS: COBI) (Compass) Compass Biotechnologies today announces it has engaged in a Letter of Intent to acquire an operating entity that has been manufacturing and supplying audio and amplification products since 2007. The company currently distributes its products though Sweetwater Music Instruments & Pro Audio, 8th Street Music, Bananas at Large and BB Organ along with over 30 other distributors. The Compass Board of Directors will continue updating shareholders on the transaction in the coming days.
Sweetwater Music Instruments & Pro Audio,
******BANANAS AT LARGE
8TH STREET MUSIC
Additionally, the company is confident that its financial disclosure statements will be brought current in the coming days and return to OTC Market current information tier.
http://www.otcmarkets.com/stock/COBI/news/COMPASS-BIOTECHNOLOGIES-SHAREHOLDER-UPDATE-AND-LETTER-OF-INTENT-ANNOUNCEMENT?id=119732&b=y
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