COBI Huge News - Compass Biotechnologies Shareholder Update and Letter of Intent Announcement Baystreet.ca "Standard Equities Feed"
SALT LAKE CITY, UT / ACCESSWIRE / November 20, 2015 / Compass Biotechnologies Inc. (PINKSHEETS: COBI) (Compass) Compass Biotechnologies today announces it has engaged in a Letter of Intent to acquire an operating entity that has been manufacturing and supplying audio and amplification products since 2007. The company currently distributes its products though Sweetwater Music Instruments & Pro Audio, 8th Street Music, Bananas at Large and BB Organ along with over 30 other distributors. The Compass Board of Directors will continue updating shareholders on the transaction in the coming days.
Additionally, the company is confident that its financial disclosure statements will be brought current in the coming days and return to OTC Market current information tier.
Compass Biotechnologies Inc. , (PINKSHEETS: COBI)
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact Person:
Richard Shykora
At: compassbiotechnologies@gmail.com
1-972-535-8931
SOURCE: Compass Biotechnologies Inc.
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