Rivet:CBYI-been accumulating under .02 this week.Nite finally moved off .02.News due on acquisition soon.Here are the replies from trey at first investors I recieved.The acquisition is still on track. I am unsure of the close date as they are currently working on accounting and legal items.
Terms have been agreed to and the deal is expected to close upon the approval of legal and accounting items.
Sorry for the delay, we were out of the office on Friday.
Trey Meehan
Paying for the acquisition in a combination of stock and via an earn-out cash component (through performance bonuses).
The shares will bear a restrictive legend.
Trey Meehan
I am starting to like what I see setting up technically and fundamentally-revenues.Thanks
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