Thursday, May 22, 2008 6:25:50 PM
PRLog (Press Release) – Apr 19, 2008 – - EdgeTech International, Inc. (OTC: EGIL) today confirmed the bid to buy-out the company for $0.50 per share, representing a valuation of $20,833.50 based on 41,667 shares outstanding.
"We welcome the bid by Acuo Technologies but do not wish to comment on it at this time." said Mr. Lev Parnas, Chief Executive Officer of EdgeTech. Further reflecting on the offer, Mr. Parnas said, "It will ultimately be up to the shareholders of EdgeTech to decide upon taking the offer."
The offer is contingent upon the fact that all shares are taken ahold of and the patented rights of "The PC Edge", the handheld device that EdgeTech has created.
About EdgeTech: EdgeTech is the leading authorized distributor of "The PC Edge", a robust handheld wireless internet access device which delivers High Speed Internet Access, displaying full HTML content, web pages, graphics, and javascript. It offers a full desktop experience, together with a la
Advances in Domestic Heavy Rare Earth Minerals Production Essential for North American Defense Stockpiles • ALOY • Mar 18, 2026 9:00 AM
ECGI Advances $10M Mortgage Tokenization Pilot as SEC Interpretation Adds Clarity • ECGI • Mar 18, 2026 8:45 AM
ECGI Advances Mortgage Tokenization Pilot as Institutional Market Rails Continue to Develop • ECGI • Mar 17, 2026 8:30 AM
Record Gold Prices Reshape Economics of New Mine Development • SNWGF • Mar 16, 2026 10:46 AM
Cannabix Technologies Announces Commercial Launch of Marijuana Breath Test (MBT) • BLOZF • Mar 16, 2026 8:37 AM
Exxe Group Advances Platform Strategy and Share Structure Reduction Following Strategic Meetings • AXXA • Mar 11, 2026 1:03 PM
