NANOSENSORS, INC. PROVIDES STOCKHOLDER UPDATE AND ANNOUNCES COMPLETION OF MERGER
June 29 2017 - 3:50PM
InvestorsHub NewsWire
Publicly Held Corporation Completes Merger with
Perspective Technologies
Las Vegas, NV - June 29, 2017 - InvestorsHub NewsWire -
Publicly-held NanoSensors, Inc. (OTC Pink:
NNSR) announced today that it has closed its merger with
privately-held Perspective Technologies, LLC as of June 20, 2017.
The merger transaction was initially announced by the company on
April 20, 2017. The completion of the merger signals NanoSensors’
paradigm business model shift to the cannabis industry.
“The successful completion of this transaction represents a
significant milestone for our stockholders,” stated Terrance
Flowers, NanoSensors’ Chief Executive Officer. “Management is very
thankful to our stockholders for their continued patience and we
look forward to building this new business in the exciting, fast
moving cannabis industry,” he continued. “Among the numerous
advantages of being publicly-traded, we are most hopeful that we
can obtain the requisite growth capital to meet our operational and
research objectives.”
In addition to completing its merger, NanoSensors has taken the
initial steps to start publishing periodic financial reports
through OTC Markets. In connection therewith, the company will also
seek to complete a name and symbol change by application to FINRA
in order to better reflect the newly combined company’s
cannabis-related business model. Management expects that such
milestones will be completed during the third quarter of this
year.
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
company’s ability identify a suitable business model for the
corporation.
Contact:
Terrance Flowers
Interim Chief Executive Officer
terrance@perspectivetechinc.com
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