Entrepreneur Universe Bright Group (EUBG)

[BL0ODLESS]

From the HOTI IPO registered July 2009, confirms link between Regenetech and Regen Acquisition Group.

Note - It should be seen that there are unknown variations from this initial filing. Namely, it now appears that GAGI will acquire Regen Acquistions before the official merger.

"Our Biotechnology sector’s flagship acquisition is Regenetech, Inc., a Houston based bio-medical research and licensing company with which we have entered into a merger agreement. Under the Merger Agreement, which is subject to the approval of two-thirds of the shareholders of Regenetech. Regenetech will merge with our wholly-owned Texas subsidiary, Regen Acquisitions Corp., with Regenetech as the surviving corporation, and a wholly-owned subsidiary of the Company. Assuming approval of the necessary two-thirds vote of the Regenetech shareholders, which is currently underway, the merger will close immediately following the effective date of our registration statement and the initial public offering. The negotiated value of the acquisition is $100,000,000, to be paid for with stock of the Company exchanged for all of the stock of Regenetech, based on the final IPO price for Healthcare of Today common stock at the effective date of the registration statement, divided into the net acquisition value of $100,000,000 reduced by outstanding debts and liabilities of Regenetech. The maximum number of shares of the Company to be issued, at the expected IPO price of $18.00 per share, would be 5,555,555 common shares assuming no liabilities of Regenetech at the date of closing. The Company has agreed as part of the transaction to register 30 percent of the shares issued in the registration statement or up to 1,666,666 shares."


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http://ipo.nasdaq.com/edgar_conv_html%5C2009%5C07%5C17%5C0001440242-09-000005.html