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Tuesday, April 24, 2012 1:13:46 PM
We have completed negotiations on a new acquisition and will be entering the attorneys' contract documentation phase. This expected new acquisition will continue the Company's strategic plans for entering into the scientific technology sector. The new acquisition will complement our other subsidiary (Paramount Discoveries) with a solid foothold in the rare earths industry.
Paramount Discoveries continues to work with its consulting team on devising the best strategies in achieving its proprietary technology protections, and bringing
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