Navigation Links
All-State Properties, L.P. Announces Termination of Reverse Merger With Chinese Pharmaceutical Company
Date:10/31/2007

POMPANO BEACH, Fla., Oct. 31 /PRNewswire/ -- All-State Properties, L.P. announced today the termination of its agreement with Hubei Longdan Biological Medicine Technology Co., Ltd. which contemplated a reverse merger with the private Chinese pharmaceutical company.

Under the terms of the Acquisition Agreement, Hubei Longdan is obligated to pay all of All-State's expenses relating to the transaction, as well as expenses relating to maintenance of the company and its registration as a public company. In a letter dated today, the chairman of Hubei Longdan advised the company that it was unable or at least unwilling to fulfill its contractual commitment to pay these expenses.

Accordingly, All-State will terminate the Acquisition Agreement based on this breach. As previously mentioned in its filings with the Securities and Exchange Commission, the company intends to dissolve itself now that the Acquisition Agreement has been terminated.


'/>"/>
SOURCE All-State Properties, L.P.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. PM announces a new health care order for India
2. Ramdoss Announces Introduction of RCH-II
3. Britain Announces Third Transfusion Related Mad Cow Case
4. Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
5. Tibet Announces the Dalai Lama’s Tour of South Americ
6. NHS announces further Cost cutting Measures
7. Indian PM Announces Of Setting Up India Study Center At Tashkent
8. PowderMed Announces Needle-Less Flu Vaccine
9. Malaysia Announces Prison term On People Donating HIV-Contaminated Blood
10. Australian Government Announces Survey To Tackle Childhood Obesity
11. New Zealand Announces 10-year Plan For Betterment Of Mental Health Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/24/2017)... ... 23, 2017 , ... Somnoware, a leading provider of digital ... to automatically connect and initialize all their devices with one click. This new ... installed on first use and then monitors device changes automatically. With this new ...
(Date:1/23/2017)... ... January 23, 2017 , ... PKF O’Connor Davies , LLP, the nation’s ... accountant at the Firm, will participate in the 40th Annual "Empire State Building Run ... race up 1,576 steps, a vertical distance equal to about a fifth of a ...
(Date:1/23/2017)... (PRWEB) , ... January 23, 2017 , ... ... the highly acclaimed series, Innovations with Ed Begley, Jr., scheduled to broadcast Saturday, ... technology behind SmartCap, which was founded in 2008 to address the limitations of ...
(Date:1/23/2017)... ... January 23, 2017 , ... ... taught by healthcare management and evaluation leaders with decades of experience who remain ... in the United States healthcare system, there is a renewed demand for versatile, ...
(Date:1/23/2017)... ... January 23, 2017 , ... Zachary ... will serve as a healthcare industry expert at the 2017 Sector Summit hosted ... by Inside Indiana Business host Gerry Dick, will feature an employer and an ...
Breaking Medicine News(10 mins):
(Date:1/23/2017)... , Jan. 23, 2017 Endo International ... Trade Commission (FTC) today filed a joint motion in ... California seeking the entry of ... Order resolves all disputes between the FTC and Endo ... in connection with its Opana® ER and Lidoderm® products.  ...
(Date:1/23/2017)... YORK , Jan. 23, 2017 MouthWatch LLC ... Camera was ranked as the best intraoral camera on ... taking the #2 spot overall. The #1 product was the ... said the MouthWatch intraoral camera was "…incredibly popular because it ... the camera has a small sticker price, it doesn,t sacrifice ...
(Date:1/23/2017)... , Jan. 23, 2017  Allergan plc, (NYSE: ... continued support of the International Headache Academy (IHA). Designed to ... and research scientists, IHA offers a three-day, intensive overview on ... Allergan has been the sole sponsor since the inception of ... and iHEAD in Europe in 2014. ...
Breaking Medicine Technology: