The Company also announces that it has decided to terminate its proposed acquisition of a controlling interest in Data Fortress Systems Group Ltd., of Vancouver, B.C., as previously announced on October 17th 2006. This move is due to unsatisfactory findings during the due diligence process and a delay in resolving some regulatory issues relating to the target company. Management hopes that this potential acquisition can be re-visited in the near future.
I wonder what the due diligence process issues are.
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