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DDS Technologies USA, Inc. (DDSU) China Container Co Merger
HENDERSON, NV, April 14, 2010 /PRNewswire via COMTEX/ -- DDS Technologies USA, Inc. (DDSU; www.ddstechnologiesusa.com) further to the company news of March 16 2010 the company is pleased to announce that it has secured a serious merger candidate following the Shareholder and Business Expo Conference. DDSU discussions with a China based Container manufacturing and assembly company continues. This company enjoys gross annual revenues in range of several million USD and profits in range of couple million USD. Spearheading the merger is the CEO of LandStar Inc Mr. Lee Congtang (LDSR) http://www.landstarcorp.com) who has been hard at work for several months working to make this merger a reality.
For reference purposes only, the targeted merger company is a supplier to LandStar. LandStar's operating subsidiary Hubei Chuguan Technology Co. Ltd. manufactures Vapor Recovery Units for the Chinese petrochemical industry, minimizing petrochemical evaporation that occurs during the transfer of volatile petrochemical fluids. Under the merger - amalgamation arrangement LDSR intends to acquire a majority position in DDSU Systems, Inc. (Approximately 15%)
Following this power-merger - amalgamation and in order to complete the transaction, DDSU completed a recapitalization to 880 million shares. Approximately 500 million restricted shares will be used up for the merger. The recapitalization documents will shortly be uploaded to the www.ddstechnologiesusa.com web site.
A source close to the company stated, "This will be a tremendous shot in the arm for the current investors of DDSU. We hoped for a solid company with good prospects and we got that -- that along with a sister and a parent company with good prospects and viable business. This complex structure will assure a stability for DDSU, raising us from the Company in Distress to a solid and profitable company that will raise the bar and deliver results to its investors. The LDSR connection offers a tremendous opportunity for the DDSU Systems
Shortly, DDSU will release the identity of the targeted merger company, news release the details or the LOI of the merger, begin updating the DDSU web site, and start appointing new officers and directors to its board from China to name a few.
The company is anticipating completing all of the above within the next 30 to 45 days where a formal merger announcement will be made from China from the operational head office."
yes there as well.
AND ON VECT is not on ihub ?? I think
Yes, I got it too...
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DDSU 04/12/10 Amendment increasing A/S to 880,000,000.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lqgfG4smdCxP1%252blKhF7Oqw%253d%253d&CorpName=DDS+TECHNOLOGIES+USA%2c+INC.
DDSU last .017
up 41%
resistance .0242
DDSU NEWS!!
Yippee! 17's up
30's next
Conference on Friday. Could hear some good news on DDSU. With this float and a little volume we should see 100-300% gains. Holding all for news here....
DDSU 17's up now
(You missed the DDSU 12's?)
Resistance at 24
DDSU
ask thin to .018
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You got it.
ditto on the adding..
lemme know if it sparks up soon hopefully im not sleepin on it.. considering far too many plays in my pile im watchin and rollin with now lol..
Still holding some 007s. Thinking of reloading.
.>)
put in a few nice moves so far..watchin closely..
Now this is a stock I like!!!
not too badly today but could better do
ASK: 1 @ .015, 3 @ .03, 2 @ .10, 1 @ $2.00!!!!
Can you say thin???
Go up a little today.God save the DDSU
Some nice movement here today. Jesus, if it took off like this just for a filing, I can't imagine what merger news will do. Will be quite a ride.
15 12G-Certification of termination of registration of a class of security under Section 12(g) or notice of suspension of duty to file reports pursuant to Section 13 and 15(d) of the Act Section 12(g)
what does this mean
DDSU .022
Hi, what do you think about DDSU for a buy at 0.015?
Lets see... under $0.002? So a -98.82% drop? No.
Good time to get in anyone?
I think we should see a bounce from here. You might be able to fill under $0.002 tomorrow. If it does bounce as I am predicting, could be better for you than buying at $0.002. ;) Good luck if you get in!
Tried getting in @ .02 this morning. Couldn't do it so I cancelled my order. Not sure what I'll do tomorrow.
DDSU - Nice volume, solid close. Off the high of the day, which I expected to be at the open. Didn't dissappoint. :) Should bounce nicely back to that level with news today making its way out to more investors.
its at the top of the page you keep posting from.
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Tomorrow and the remainder of the week should be very interesting here! Thanks for the alerts, guys - snuck in under the wire on this one! GLTA
That was just the lunch time drop. Time to bounce back! imo
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DDSU changes reinstatement new officers on NV SOS site..
DDSU, .007 Change of officers & Reinstatement...
Posted by: prado Date: Friday, March 12, 2010 12:54:22 AM
In reply to: None Post # of 19664
DDSU 03/10/10 Reinstatement and change of officers. Again it is our buddy DONGMEI ZHOU....same as BRHC.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lqgfG4smdCxP1%252blKhF7Oqw%253d%253d&CorpName=DDS+TECHNOLOGIES+USA%2c+INC.
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