InvestorsHub Logo
Followers 19
Posts 1066
Boards Moderated 0
Alias Born 10/16/2003

Re: None

Monday, 10/15/2007 10:19:38 AM

Monday, October 15, 2007 10:19:38 AM

Post# of 35781
DMTN - 0.49 buyout approved

D Mecatronics Inc.: Lesko Receives Board Approval to Purchase D Mecatronics

MISSISSAUGA , Ontario, Oct 15, 2007 (PrimeNewswire via COMTEX) – Bernardino Paolucci, Chief Executive Officer of D Mecatronics Inc. (Pink Sheets:DMTN), is pleased to announce that the company has received a final purchase offer of $0.49 per share for all of its outstanding shares of the company. Mr. Paolucci comments, “I will be recommending to D Mecatronics board of directors to accept this offer and to call a shareholders meeting as soon as possible for their ultimate approval. The board will be sitting Monday and Tuesday and it will announce its decision Wednesday AM.”



"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.