Emerging Technology Company Seeks to Become Publicly Traded
LAS VEGAS, NV -- April 4, 2017 -- InvestorsHub NewsWire
-- Privately held Perspective Technologies, LLC, announced
today that it has entered into a letter of intent to merge with
NanoSensors, Inc., as part of an alternative public offering or APO
transaction. Subject to regulatory approval and the fulfillment of
contractual obligations, if successful, the merged company will be
named Perspective Technologies and is expected to trade on the OTC
Pink Marketplace under a ticker symbol to be determined at a later
date. Upon successful completion of the transaction, NanoSensors
interim Chief Executive Officer, Terrance Flowers, who is also the
Managing Member of Perspective Technologies, will have the interim
tag removed and also be named the Director of the combined
company.
According to the Letter of Intent, the parties have sixty (60)
days to complete the contemplated merger. Perspective Technologies
must, according to the Letter of Intent, work with NanoSensors,
Inc. to provide current public information through the OTC Pink
Marketplace and obtain the necessary regulatory approvals for the
merger. The Letter of Intent further directs that 500,000,000
shares of NanoSensors common stock be issued to the Members of
Perspective Technologies as an inducement to complete the
contemplated merger, which the Members of Perspective Technologies
have previously announced will be returned to the companys treasury
after the closing of the merger.
Mr. Flowers, remarked This Letter of Intent marks a significant
step in the process of revitalizing NanoSensors as a public
company. We will be focusing all of our efforts over the next 60
days on meeting our obligations to close this transaction, he
added. The closing of the merger is subject to the negotiation of a
definitive merger agreement, customary closing conditions,
regulatory approval as well as shareholder approval from both
companies.
A copy of the Letter of Intent will be posted on Perspective
Technologies website, found at http://www.perspectivetechinc.com
Statements in this press release that are not historical fact
may be deemed forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Although
NanoSensors, Inc. believes the expectations reflected in any
forward-looking statements are based on reasonable assumptions,
NanoSensors, Inc is unable to give any assurance that its
expectations will be attained. Factors that could cause actual
results to differ materially from expectations include the companys
ability identify a suitable business model for the corporation.
Contact:
Terrance Flowers
Interim Chief Executive Officer
terrance@perspectivetechinc.com