Cloudward Inc. (CDWD)

[dejavu alloveragain]

here is a PR in silicon valley/ san jose business journal:

http://sanjose.bizjournals.com/sanjose/stories/2008/04/21/daily41.html

Etelos Inc., a service-as-a-software provider for businesses, said Wednesday it closed its reverse merger into Tripath Technology Inc.

San Mateo-Etelos said that through this transaction with San Jose-based Tripath, it will become a public reporting company (OTCBB:TRPH). The Etelos executive team will maintain control of the new entity and has applied for a new stock symbol.

"This is a significant step in the growth of our company," said CEO Jeffrey L. Garon. "The completion of our merger is expected to allow us to more cost-effectively raise the capital we need to take our company to the next level."

Under the terms of the merger agreement, most outstanding shares of Etelos capital stock will be cancelled and extinguished and converted into shares of Tripath common stock at a ratio of 3:1.