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Slide #63. Avidus Management Group Inc. — Akea
Acquirer:
Avidus Management Group Inc. (AVD.CA)
Acquiree:
Akea
Details:
Avidus Management Group Inc. (TSX-V: AVD; "Avidus" or the "Company") is pleased to announce that it has made the $400,000 payment required under the asset purchase agreement (the "Agreement") with Akea, LLC ("Akea") (www.akealife.com), that was entered into last month. Asantae will now be able to proceed to full integration of the Asantae and Akea sales organizations, product lines and systems.
Avidus Management Group is engaged in the marketing and distribution of nutraceutical products. Co. conducts substantially all of its operations in the United States.
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