Articles
Kupper Parker Communications Acquires Americas BioTech Corporation
October 7, 2008
Kupper Parker Communications has entered into a merger agreement with Americas BioTech Corp. Americas BioTech is a new partnership consolidating the operations and assets of two bio-technology companies that expects to accelerate the delivery of lower-cost ethanol, Compressed Bio-Gas (CBG), and other alternative energy resources derived from agricultural waste to the worldwide market. In addition to the bio-fuels, the new company will provide other innovative, high-demand products such as natural ingredients for numerous healthcare products, durable fibers for recyclable papers, and biodegradable plastics.
The two companies involved in the Americas BioTech merger are Vida NutraPharma, a Canadian ethical pharmaceutical, nutraceutical manufacturer, and NutriOne, S.A., a South American-based processor of agricultural byproducts. Find it online at www.americasbiotechcorp.com. KPCG will change its name to Americas BioTech Corp. and a new trading symbol is forthcoming.
As part of the transaction, the company will undertake a 20 to 1 reverse of its current issued and outstanding shares and increase its authorized shares to 50,000,000. Upon completion of the merger, there will be 26,000,000 shares issued and outstanding on a fully diluted basis. The Board of Directors approved the name change and the Reverse Split subject to shareholder approval. The merger is expected to close within 30 days after shareholder approval.
SOURCE: Americas BioTech Corp.
