Wednesday, June 22, 2011 10:56:30 AM
BuffWater is not an existing Pinksheet company, which leads me to believe that there is another company involved.
This means that KGRI would be getting 2 companies not 1.imo
The Kiley Group Signs LOI
1 days 23 hours 36 minutes ago - PR Newswire via Comtex
PR Newswire
The Kiley Group, Inc. (Pink Sheets: KGRI) has signed a Letter of Intent to purchase an existing Pinksheet Company to complete a reverse merger with one its clients, BuffWater. The Kiley Group is currently in the due diligence stage of the acquisition and will be releasing more details once the transaction is complete. This transaction will significantly increase The Kiley Group's position in BuffWater.
"The transaction will bring added shareholder value to both KGRI and BuffWater. The merger will allow our client to bring on additional capital and expand its distribution channels. We will be updating shareholders on KGRI's other current projects in the near future," states President William Smart.
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