The Hunt for the Next 10 Bagger

[rhm118]

DDSU News: DDS Technologies USA, Inc. (DDSU) China Container Co Merger
HENDERSON, NV, April 14, 2010 /PRNewswire via COMTEX/ -- DDS Technologies USA, Inc. (DDSU; www.ddstechnologiesusa.com) further to the company news of March 16 2010 the company is pleased to announce that it has secured a serious merger candidate following the Shareholder and Business Expo Conference. DDSU discussions with a China based Container manufacturing and assembly company continues. This company enjoys gross annual revenues in range of several million USD and profits in range of couple million USD. Spearheading the merger is the CEO of LandStar Inc Mr. Lee Congtang (LDSR) http://www.landstarcorp.com) who has been hard at work for several months working to make this merger a reality.
For reference purposes only, the targeted merger company is a supplier to LandStar. LandStar's operating subsidiary Hubei Chuguan Technology Co. Ltd. manufactures Vapor Recovery Units for the Chinese petrochemical industry, minimizing petrochemical evaporation that occurs during the transfer of volatile petrochemical fluids. Under the merger - amalgamation arrangement LDSR intends to acquire a majority position in DDSU Systems, Inc. (Approximately 15%)

Following this power-merger - amalgamation and in order to complete the transaction, DDSU completed a recapitalization to 880 million shares. Approximately 500 million restricted shares will be used up for the merger. The recapitalization documents will shortly be uploaded to the www.ddstechnologiesusa.com web site.

A source close to the company stated, "This will be a tremendous shot in the arm for the current investors of DDSU. We hoped for a solid company with good prospects and we got that -- that along with a sister and a parent company with good prospects and viable business. This complex structure will assure a stability for DDSU, raising us from the Company in Distress to a solid and profitable company that will raise the bar and deliver results to its investors. The LDSR connection offers a tremendous opportunity for the DDSU Systems

Shortly, DDSU will release the identity of the targeted merger company, news release the details or the LOI of the merger, begin updating the DDSU web site, and start appointing new officers and directors to its board from China to name a few.

The company is anticipating completing all of the above within the next 30 to 45 days where a formal merger announcement will be made from China from the operational head office."