COBI acquisition news just out!
February 5th, 2016--- Salt Lake City UT. Compass Biotechnologies Inc. (OTC PINK: COBI) (PINKSHEETS: COBI) (Compass) Compass Biotechnologies Inc.
Compass Biotechnologies Inc. is pleased to announce the previously mentioned acquisition target is efsAUDIO Inc., manufacturer of the Motion Sound product line. Since 1994, Motion Sound products have been developed and manufactured with the focus on innovation, quality, reliability and tone. Motion Sound amplifiers are recognized as an industry standard through their quality and innovation in proprietary rotary speaker technology and stereo amplification for organs, pianos and synthesizers. Motion Sound keyboard and guitar amplifiers are used and endorsed by well-known artists throughout the world. To view a list of artists, please visit the Motion Sound web site at www.msamps.com.
The completion of the acquisition of efsAUDIO is expected late next week, which will result in efsAUDIO becoming a subsidiary of Compass. The Company will effect a name change to reflect its new business direction after the acquisition is completed.
It has come to our attention that several recent inquiries have gone unanswered due to technical difficulties with our email system and investor phone line. We would like to apologize for any absence in communications, and these issues have been rectified.
