www.fdanews.com/articles/70243-cortdev-signs-letter-of-intent-to-acquire-botaniex
CortDev Signs Letter of Intent to Acquire Botaniex
March 24, 2005
CortDev, Inc. (CDVJ) announced that it has signed a letter of intent to acquire Botaniex a China-based herbal products manufacturer. As part of the agreement, CDVJ will acquire 100 percent 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 Botani. The pending acquisition of Botaniex Inc. is a major step forward for CortDev towards its goal of diversifying its operations into established and profitable industries.
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