Sector 10, Inc. (SECT.OB) Reveals Acquisition Growth Strategies and Signs Letter of Intent for First Acquisition
Source: http://Blog.QualityStocks.net/?p=15252Posted on Thursday, May 7th, 2009 | In Market Commentary, Small & Micro Cap
Sector 10, Inc. announced this morning that a reverse stock split restructuring was approved in order to pursue an acquisition and growth strategy designed to increase shareholder value and establish the company as the premier provider in the emergency response market. The reverse stock split is anticipated to provide more flexibility in future acquisition negotiations. The acquisition strategy provides for a structured deferred payment with common stock and/or cash to minimize potential dilution to current shareholders.
Sector 10, Inc. also announced that it has entered into a Letter of Intent with Fairhaven International LLC to purchase the Operational Readiness, Command & Administration System (ORCAS) and related intellectual property rights for use in worldwide monitoring of Sector 10 sites. This system was designed to meet the demand for a simplified system capable of monitoring emergency incidents and events around the world. ORCAS is currently used by several agencies for monitoring these types of situations, and will be used in conjunction with Sector 10’s patented Emergency Stationary Response Units (SRU).
President of Fairhaven International LLC stated, “The use of ORCAS as a worldwide monitoring system will enhance the capability of responders to immediately know when a system has been activated.” Sector 10 CEO, Pericles DeAvila, commented, “Sector 10 is committed to bringing all systems online that enhance our SRU lines of business, which by extension help saves lives and property.”
Sector 10, Inc. is also performing due diligence on other acquisition candidates that provide synergistic products and established sales channels. The company is currently working on a number of prospects and anticipates making further announcements in the coming weeks regarding the signing of additional Letters of Intent.
For almost two years, Sector 10 has been positioning itself in the market with a line of unique products developed with the purpose of bringing together emergency products, hardware, software, security and an integrated communications system to stand alone in the emergency response market as a true pre-deployed system to save lives the instant a disaster happens.
Let us hear your thoughts: Sector 10, Inc. Message Board
Last 5 posts by QualityStocks
- Omnicity Corp. (OMCY.OB) Announces Addition of New Board Member - November 20th, 2009
- Muscle Flex, Inc. (MFLI.PK) Announces Release Time for the BUDDY Tablet Caddy Two-Minute Commercial and Landing Page - November 20th, 2009
- Artfest International, Inc. (ARTS.OB) Announces Revenue Profit Jumps - November 20th, 2009
- Omnicity Corp.’s (OMCY.OB) Recently-Issued Corporate Update - November 20th, 2009
- Soligenix Inc. (SNGX.OB) Taking Steps to Meet Challenges of Vaccine Technology and Biological Warfare - November 20th, 2009
Fairhaven International LLC;, integrated communications system;, Market Commentary, Message Board, Pericles DeAvila;, Sector 10 Inc.;, Small & Micro Cap, synergistic products;, together emergency products;
![]() About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |





