D Mecatronics, Inc. (DMTN.PK) Announces Possible Acquisition of Assets
Earlier this week, D Mecatronics announced that a European Investment company inquired about a possible business combination. In the press release the CEO, Berardino Paolucci, stated, “They are interested in speaking to D Mecatronics about a potential merger or acquisition.” Today the company announced that the European Investment company is not interested in a merger, but instead are interested in purchasing all of D Mecatronics assets. The CEO stated that investment company sees tremendous upside in D Mecatronics and has a very aggressive growth strategy in mind. Mr. Paolucci concluded the press release commenting, “The Board of Directors for D…