ABSD: Closes On Sale of EFTAS Subsidiary w/Nobus Capital, Inc. Tuesday , April 17, 2007 09:03 ET
By Brian Edwards, bedwards*knobias.com
Atlantis Business Development Corporation, Inc. (ABSD) announced that it has closed on the transaction with Nobus Capital, Inc. to complete the sale of its wholly owned subsidiary EFTAS. The parties to the transaction, under which Nettel Holdings, Inc. will develop the EFTAS Employment Program, through their relationship with Nobus Capital, have agreed to the final terms of the transaction, and have consummated the sale effective 4/12/07.
Atlantis President and Director, Tim DeHerrera commented that, "We are pleased that we have reached final agreement and closed the sale with Nobus Capital, Inc. Further, the opportunity to provide future potential value to our shareholders via the 1 for 1 stock dividend in EFTAS is a positive move. After all, this is the whole idea behind a Business Development Company."
Fuzzy1018
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we are flying
Time2drum
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Yah, Whew, glad I got back in the other day !!!
mike l
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my break even point is .05
pepa z depa
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quote:Originally posted by mike l: my break even point is .05
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