i see your email re: new medical device but from the last pr from dec 4th and the email it sounds like a bigger merger/ new direction is coming here as well as continuing w medical device- look forward to seeing the follow up news- on radar :
Cerebain Initiates Repositioning and Review of Business and Corporate Strategic Growth Plan
https://www.otcmarkets.com/stock/CBBT/news/story?e&id=1237205
COSTA MESA, Calif.--(BUSINESS WIRE)-- Cerebain Biotech Corp. (OTC:CBBT), (the “Company” or “Cerebain”) today announced that it has initiated a repositioning and review of its overall business and corporate strategic plan to maximize shareholder value. The corporate strategic initiatives to be developed and implemented include, but are not limited to, a potential sale or divestiture of certain Company assets, rebranding and repositioning of the Company’s overall business plan and a comprehensive growth strategy focused on revenue generation through a comprehensive roll-up acquisition strategy of target qualified candidates in select industries. As part of the overall plan, Cerebain shall continue to pursue value-enhancing initiatives as a standalone company and a capital structure optimization policy that may involve potential financings or partnerships. To assist and advise on the development and implementation of the Company’s overall plan, it has engaged NMS Consulting, Inc., (“NMS Consulting”) an independent, global focused management consulting, corporate strategy and strategic communications firm.
In addition to a review of Cerebain’s business and corporate strategic initiatives, NMS Consulting will also advise Cerebain on a corporate restructuring and cost savings plan, under which it will identify opportunities to optimize operations, drive efficiency and reduce costs.
"We are committed to evaluating strategic alternatives that enhance value for our shareholders while maintaining our focus on the continued development of our device for the treatment of Alzheimer’s Disease as well as aggressively managing our operating expenses," said Eric Clemons, CEO of Cerebain.
While NMS Consulting has already commenced work, Cerebain has not set a definitive timetable for the process of reviewing and evaluating business and corporate strategic initiatives. There can be no assurance that these innovative pursuits will result in any immediate or particular business or strategic transaction. The Company does not intend to disclose developments or provide updates on the progress or status of this process unless and until further disclosure is appropriate or required.
https://twitter.com/THE_PROPHETABLE/status/1090332792179675136
$CBBT
Cerebain Initiates Repositioning and Review of Business and Corporate Strategic Growth Plan
https://www.otcmarkets.com/stock/CBBT/news/story?e&id=1237205
COSTA MESA, Calif.--(BUSINESS WIRE)-- Cerebain Biotech Corp. (OTC:CBBT), (the “Company” or “Cerebain”) today announced that it has initiated a repositioning and review of its overall business and corporate strategic plan to maximize shareholder value. The corporate strategic initiatives to be developed and implemented include, but are not limited to, a potential sale or divestiture of certain Company assets, rebranding and repositioning of the Company’s overall business plan and a comprehensive growth strategy focused on revenue generation through a comprehensive roll-up acquisition strategy of target qualified candidates in select industries. As part of the overall plan, Cerebain shall continue to pursue value-enhancing initiatives as a standalone company and a capital structure optimization policy that may involve potential financings or partnerships. To assist and advise on the development and implementation of the Company’s overall plan, it has engaged NMS Consulting, Inc., (“NMS Consulting”) an independent, global focused management consulting, corporate strategy and strategic communications firm.
In addition to a review of Cerebain’s business and corporate strategic initiatives, NMS Consulting will also advise Cerebain on a corporate restructuring and cost savings plan, under which it will identify opportunities to optimize operations, drive efficiency and reduce costs.
"We are committed to evaluating strategic alternatives that enhance value for our shareholders while maintaining our focus on the continued development of our device for the treatment of Alzheimer’s Disease as well as aggressively managing our operating expenses," said Eric Clemons, CEO of Cerebain.
While NMS Consulting has already commenced work, Cerebain has not set a definitive timetable for the process of reviewing and evaluating business and corporate strategic initiatives. There can be no assurance that these innovative pursuits will result in any immediate or particular business or strategic transaction. The Company does not intend to disclose developments or provide updates on the progress or status of this process unless and until further disclosure is appropriate or required.
https://twitter.com/THE_PROPHETABLE/status/1090332792179675136 $CBBT
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