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jen8554

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jen8554

Re: NHred post# 1698

Tuesday, 08/21/2007 2:31:00 PM

Tuesday, August 21, 2007 2:31:00 PM

Post# of 7599
From PR

CLX recently acquired an additional 10% of the issued and outstanding shares of Zonda, bringing its total equity position to 41%. Under terms of the letter of intent, the result of the transaction is expected to result in CLX acquiring the remaining 59% of Zonda.

"Zonda is an ideal acquisition candidate for CLX, and we look forward to rapidly completing the due diligence process, so a definitive agreement can be executed as soon as possible," stated Steven R. Peacock, consultant chief executive officer of CLX Investment Company.

Looks like it might happen very soon.

Do not buy or sell because of anything I say.

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