Food for thought..I've been rereading some past pr's...look at the last paragraph that I have in bold...I think this is all making sense...
PITTSBURGH, PA--(MARKET WIRE)--Jan 30, 2008 -- Oncology Med, Inc. (Other OTC:ONCO.PK - News) a Pittsburgh based cancer treatment solutions group, announced today that it has entered into a letter of intent to acquire a synergistic company in the field of physics and radiation that has annual revenues of $2,800,000.00, operates on a national scale, and is profitable. Upon the closing of this acquisition, which is subject to due diligence review by both parties and the execution of definitive agreements of purchase, the combined entity will have an annual revenue run rate of $5,000,000.00. The Company is prevented from announcing the name of the acquisition candidate until the completion of the due diligence period and execution of a definitive agreement of purchase.
According to William Walker, Ph.D., Oncology Med's CEO and founder, "We are extremely excited about the agreement we have entered into to acquire this company and intend to move diligently and expediently toward a closing which we expect to occur on or about May 2008.
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