Microelectronics Technology Co. to Acquire Cloud Data Corporation
MONARCH BAY, CA, Aug 25, 2011 (MARKETWIRE via COMTEX) — Microelectronics Technology Co. (PINKSHEETS: MELY) (hereafter “The Company”) previously announced on August 3, 2011 that it has entered into a letter of Intent for the purchase of all of the existing outstanding shares of Cloud Data Corporation. The closing of the acquisition was subject to the completion of certain due diligence being completed on or before August 26, 2011. The company is pleased to announce that the diligence process has been completed successfully and the acquisition will close August 26, 2011 as...
Read MoreMicroelectronics Technology Co. Enters Into Letter of Intent
Microelectronics Technology Co. Enters Into Letter of Intent MONARCH BAY, CA, Aug 03, 2011 (MARKETWIRE via COMTEX) — Microelectronics Technology Co. (PINKSHEETS: MELY) (hereafter “The Company” ) is pleased to announce that it has entered into a letter of Intent for the purchase of all of the existing outstanding shares of Cloud Data Corporation. The terms and condition of the share exchange have been finalized and the closing is subject to certain due diligence to be completed over the following weeks. It is anticipated that the transaction will close and be effective August...
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