PINKSHEETS:TCLIF) announced today that the company entered into merger negotiations with an undisclosed company based in Guangdong,China.
TTC Technology Corp. is currently negotiating a merger with a company that produces and market their brand series CCTV products in Guangdong. In order to secure uninterrupted negotiations with TCLIF,the company doesn't wish to disclose its name at the present time, but permitted TCLIF management to introduce the company business.
The Chinese company CCTV products are widely used at banks, roads, hotels, houses, prisons, factories and many other places because of their strong technical strength,stable quality,and favorable market reputation. TCLIF management strongly believes this merger candidate has huge potential.
TCLIF is now completing its due diligence with this company and details about the new merger company and the partnership will be released soon.
In other company news, TCLIF is working on updating Pink Sheets. The company expects its listing to be upgraded within the next two weeks.
