Form 8-K for CAMBRIDGE HOLDINGS LTD
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20-Aug-2010
Other Events
Item 8.01. Other Events.
Cambridge Holdings, Ltd., (the "Company") has signed a letter of intent ("LOI") with Prescient Medical, Inc., ("PMI") for a reverse merger with privately held PMI. The LOI is non-binding and contains a number of conditions and requirements, including the negotiation and execution of a definitive agreement as well as certain funding requirements to advance to and complete the merger. There can be no assurance that a definitive agreement will be agreed to and executed between the parties or that the conditions required to close such a transaction will be achieved.