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Tuesday, April 05, 2016 7:55:26 AM
The question is why merge two companies that ARE DEEPLY IN DEBT?
Compass Biotechnologies Inc. Announces Acquisition of efsAUDIO Inc.
Alert
SALT LAKE CITY, UT / ACCESSWIRE / February 5, 2016 / Compass Biotechnologies Inc. (OTC PINK: COBI) (PINKSHEETS: COBI) (Compass) is pleased to announce the previously mentioned acquisition target is efsAUDIO Inc., manufacturer of the Motion Sound product line. Since 1994, Motion Sound products have been developed and manufactured with the focus on innovation, quality, reliability and tone. Motion Sound amplifiers are recognized as an industry standard through their quality and innovation in proprietary rotary speaker technology and stereo amplification for organs, pianos and synthesizers. Motion Sound keyboard and guitar amplifiers are used and endorsed by well-known artists throughout the world. To view a list of artists, please visit the Motion Sound web site at www.msamps.com.
The completion of the acquisition of efsAUDIO is expected late next week, which will result in efsAUDIO becoming a subsidiary of Compass. The Company will effect a name change to reflect its new business direction after the acquisition is completed.
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