Central Wireless, Inc. Signs Agreement to Acquire Inqubus, Inc.
(NEW YORK)--Central Wireless, Inc. (OTC: CWIR) today announced that the company has signed an agreement to acquire Inqubus, Inc.
“As part of the companies restructuring to bring shareholder value, the company has acquired Inqubus, Inc., and will soon rename the company to Inqubus, Inc. This is what is typically known as a reverse merger." said Charles Townsend, Central Wireless’s Chief Executive Officer. "This acquisition allows the company to move forward rapidly with the business plan of incubating small companies in many fields, including Internet of Things, Software, Medical Research, Super food Drinks, Battery Technology and other businesses.
With the acquisition of Inqubus, Inc., we have tapped into the development of additional business lines within many diverse industries expediting the growth of Central Wireless, Inc.’s core business. Inqubus, Inc., offers business services to startups, which including networking, finding funding, business development, software development resource mentorship and other services young startup businesses often require. Inqubus typically receives equity and some cash component for the services
The Inqubus, Inc.’s management team brings over 50 years of industry experience as well as a track record of high profile projects and clients.Inqubus Inc is comprised of technology, real estate and financial advisors who provide the necessary support and platform for entrepreneurs to be successful. Our team has been a part of successful company's like Experian, Scoutalarms, Particle.io, Phunware and many others.
Charles Townsend, the current president and CEO of Central Wireless, will remain Chairman of the Board, and two new board members will be added, Hares Kabir as the new CEO/board member and Gary Laffas board member.
As of July 2016, the Company had approximately 1.9 billion shares isused and outstanding, and was Current with OTC Markets.
About Inqubus, Inc.
Based in Irvine, CA, Inqubus Inc. is comprised of technology, real estate and financial advisors who provide the necessary support and platform for entrepreneurs to be successful. Our team has been a part of successful company's like Experian, Connexus, Openx, Unfiied Social, Phunware and many others. Inqubus is an integrated social communication bridge between all participating entrepreneurs with open knowledge sharing and software development. Resource sharing at all levels helps to create best of breed technology regardless of market. www.inqubusinc.com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.