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Saturday, April 18, 2015 9:09:59 PM
Mr. Baritz elaborated further, "The targeted firm is currently producing regular monthly revenue that is growing incrementally, and additionally, features multiple product platforms that all have their own independent revenue models. Each of these product platforms work synergistically with each other, and will allow business expansion via cross marketing to the client/customer base, as each of the products work seamlessly with each other with cross dependency in some instances. In our previous public announcement, we had expected to close on the acquisition by April 15, but auditing delays due to the higher than anticipated workflow by the auditors, have necessitated a slight adjustment on our initial expectations. Barring any unforeseen events, we now expect to close by April 20th in tandem with our required SEC 10Q filing, and the closing may be referenced in the 10Q, depending on timing."
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