posted
Maybe it will spike enough to make it worth getting out today!!!
HOUSTON, March 24, 2005 (PRIMEZONE) -- CortDev, Inc. (Pink Sheets:CDVJ), today announced that it has signed a letter of intent to acquire Botaniex Inc, a China-based herbal products manufacturer. As part of the agreement, CDVJ will acquire 100% of the outstanding shares and assets of Botaniex Inc. in exchange for an equity position in CDVJ. Upon finalization of this acquisition, Botaniex Inc. will be the majority shareholder of CDVJ and the corporate name of CortDev Inc. will be changed to Botaniex Inc.
The pending acquisition of Botaniex Inc. is a major step forward for CortDev Inc. towards its goal of diversifying its operations into established and profitable industries. Botaniex is well positioned in the $19 billion global Botanical/Herbal Dietary Supplements Industry and CDVJ Management is confident that this investment will add significant shareholder value to the Company. Additional information on Botaniex Inc. with respect to its current financial position and future prospects will be disclosed to shareholders following the formal closure of the acquisition.
About Botaniex Inc.
Botaniex Inc. is a leading manufacturer of botanical extracts in China, serving the industries of dietary supplements, functional beverage, functional foods, cosmetic/personal care and pharmaceuticals. The Company's product line is broad, ranging from tea extracts and essential oils to other herbal extracts. Botaniex not only provides customized ingredients, but also offers value-added services for its customers and/or business partners. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry. For further information visit the Corporate website at www.botaniex.com.Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
A herbal manufacturing company? Wow, thats different. But I hope it does good! LTM,,,, i remember seeing you post when this thing was back to PAVP,,, and dropped like a rock! Hope it does good for all of us! B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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posted
Well Love you know that its a bunch of crap but you are right it might spike a little so you can get out. I have seen people posting on CDVJ and CSJJ on ocassion since you have been gone. I took my loss and have been out for a long time. Hope you can get out soon.
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
I keep holding on because if this EVER were to hit .004 again - not only am I even - but in decent profit. If I sold recently I would've gotten crap.
Hey - look at UVCL - dead in the water, out of business, and stagnant for months. They do a letter of intent and now it looks HUGE and is back up near .027-ish after being as low as .0016 3-4 WEEKS ago.
Maybe, just maybe - it's OUR turn!?!?!?! ;-)
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
I can't believe new people are buying into this crap - Hey we did.
Just Learning - I don't believe a WORD of it - I just hope it flies.....
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
Haha, I agree with you. And i also have high hopes of that .004 region. LOL! Who knows, maybe it is our turn!
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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posted
Just play the game...I still have shares of CDVJ, but everytime it makes little runs I make money and sell some of the shares I bought high...Just keep it in persepective.
Posts: 3727 | Registered: Jul 2004
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Anyone have Level II for CDVJ? (I got rid of it last Oct. when it went to like $44 a month - wasn't worth it for this one stock. I have AMeritrade Level II for real stocks)!
Does Salemm come around to say hi anymore?
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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quote:Originally posted by Love the Market: Hi Sunny! NIce to see you!
Anyone have Level II for CDVJ? (I got rid of it last Oct. when it went to like $44 a month - wasn't worth it for this one stock. I have AMeritrade Level II for real stocks)!
Does Salemm come around to say hi anymore?
CHECK YOUR PM Love
-------------------- You never really grow up you just learn how to act in public. Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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posted
Poorman - they blocked the site. Is it one where you'd go to Waltz? LOL
I followed Bluetorch a LOT last year. Can't believe they keep swinging like that, but I'm glad for you!
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
anyone want to give a possible price target on this .im thinking we might go as high as .001 in the coming days IF this runs.as you can see i am not optimistic on this as i only have heard bad news onthis company from other burned investors.i hope i dont sound like a basher as i would love to see a run so i can recoup some $$$ but i dont want to be left holding the bag again.
please post possible price targets thanx.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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posted
I think AC is out now...if I remember correctly, he was 'demoted.' So I'm thinking the new guy has a plan...it appears that way with this new venture in the works.
Posts: 3727 | Registered: Jul 2004
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posted
Not sure but, Chinese investors will hear about this when the market is closed (time differential). We might see some big volume coming in late today or monday.
Best thing that happened to CDVJ since we trade this one.
I've loaded. It moved on way smaller announcement before....but I know people will come in slow cause many got burned...I was with my first trade on this one but managed to make it back on nice runs it had after.
posted
It all sounds really good for CDVJ. I was one that was a dumb-dumb and bought high (long time ago) but, like you, I've managed to recoup my loss and am actually able to make money on this one.
A lot of people don't want to buy into a stock because they feel everyone's already in...well this one is at its bottom...LOL
Posts: 3727 | Registered: Jul 2004
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posted
CortDev, Inc. Finalizes Acquisition of Botaniex Inc. Wednesday March 30, 10:45 am ET
HOUSTON--(BUSINESS WIRE)--March 30, 2005--CortDev, Inc. (Pink Sheets:CDVJ - News), today announced that it has completed its acquisition of Botaniex Inc., a China-based herbal products manufacturer. CortDev Inc. has acquired 100% of the outstanding shares and assets of Botaniex Inc. in exchange for a majority interest in CDVJ. In a special meeting of the Board of Directors of CortDev Inc., it was resolved that effective April 15, 2005 the corporate name shall be changed to Botaniex, Inc. In conjunction with the name change, CortDev Inc. will be assigned a new trading symbol and CUSIP identification number for its common stock. A spokesperson from the Company stated, "The name change represents a new corporate identity which focuses on the herbal products and pharmaceutical industry. The new corporate name will better reflect the Company's direction and objectives to become a major player in the $19 billion Global Botanical/Herbal Dietary Supplements Industry."
Botaniex is an international, export-oriented manufacturing company with over 90% of its customers located overseas. Botaniex Inc. is pleased to announce that it has secured the services of a digital marketing firm to enhance its corporate website. In addition, the Company has decided to develop a Chinese version of its website with a view to expanding its presence in the domestic market.
About Botaniex Inc.
Botaniex Inc. is a leading manufacturer of botanical extracts in China, serving the industries of dietary supplements, functional beverage, functional foods, cosmetic/personal care and pharmaceuticals. The Company's product line is broad, ranging from tea extracts and essential oils to other herbal extracts. Botaniex not only provides customized ingredients, but also offers value-added services for its customers and/or business partners. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry. For further information visit the Corporate website at www.botaniex.com.
For more information please contact current CEO, until the completion of the name change, Andrea Cortellazzi at 514-288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
-------------------------------------------------------------------------------- Contact: CortDev, Inc. Andrea Cortellazzi, 514-288-9699 aandre005@sympatico.ca
-------------------------------------------------------------------------------- Source: CortDev, Inc.
posted
I am liking CDVJ right now too. Bottomed IMO, if you are lucky you might get .ooo1. I got .0003 and .0008 (from last run). May get more if something else wakes up before this does. It has alot of negative baggage which could work out to ones favor. Looks like we might have 2 weeks to accumulate. Botaniex had a full slate of industry shows last year too. If a RS comes I think it will not be a problem as Botaniex looks so far to be bigger than whatever CDVJ had going for it to begin with. I swore these micro pennies off but the timing seems right on this one. IMO DYODDD
Posts: 347 | Registered: Aug 2004
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