Dynasil Corporation of America (DYSL)

[fabius]

from my understanding it is not for Xcede, but it is another potential acquisition: see below

from the last CC
"The other thing I mentioned in my prepared remarks is that we are looking at a potential acquisition that could assist with Xcede. It had -- they have a number of employees already, it's an operating company as oppose to a development stage company, and so it's significantly different than Xcede is at the moment.
But it could really jump-start that business, if we can pull it off. We don't have the money to do it, we would have to raise the money. We're not real clear on what that structure would look like yet, there's a lot of imponderables about this thing at the moment. But the first step is, if we have done some due diligence we visited the company a few times, we believe that it's an acquisition that is worth doing, if we -- if it's accepted. And -- but there's a lot of time, distance and work that has to be done before we get to that plan. And even if we are now -- if our LOI is accepted it's not likely that we would close this transaction for about six months, would be our guess. But it does give us yet another option in the value proposition of Xcede so."