InvestorsHub Logo
icon url

Diogenes of Sinope

08/17/11 2:00 PM

#19745 RE: JeRK #19742

That's what I have found so far--This was after the /09 acquisition of Caldwell.

In a recent update to the shareholders, they released the following information about two upcoming acquisitions:

* We are in the process of negotiating the purchase of the first acquisition target and hope to announce a completed transaction before the end of the year. This acquisition does not currently compete in the club segment, but offers several related products that are sold through the same channels. We expect that our combined distribution networks would unlock new sales for both product lines. (PROLINE, I believe)
* A second acquisition has been identified and a Letter of Intent has been signed. Negotiations are on-going. Also in the golf industry, the second target has some very interesting technology and a strong following. We hope to leverage our collective distribution, and believe that the combination is again, stronger than the sum of the parts.

Still looking! FEEL