MONTREAL, QUEBEC--(eMediaWorld - 12 nov. 2008) - CPL Technologies inc.(CPL) (TSX CROISSANCE:CCY), annonce qu'elle a reçu toutes les approbations réglementaires requises pour compléter l'acquisition de NetMarketingSolution.com inc., une entreprise dédiée à l'intégration des technologies dans le marketing. La clôture de la transaction a eu lieu le 29 septembre 2008.La transaction a été conclue selon l'entente, les actionnaires de NetMarketing reçoivent un montant de 2 350 081$ payable par l'émission de 12 051 699 actions ordinaires de CPL à un prix d'émission de 0,195$ par action.
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The LAW and JUSTICE are not one and the same.
"Au fil des ans, CPL a acquis une large clientèle dans divers secteurs."
Indeed, CPL acquired the clientele from Groupe XiV along with Groupe XiV technology, employees, and all the company assets. The deal in principle was signed Aug 3, 2007, assuring that the outstanding creditors would be paid and that the value of Groupe XiV was set at $400,000. Groupe XiV creditors were located in the same town as Groupe XiV, honest and healthy business relationships. To the shame of Groupe XiV, the creditors were never paid. To the demise of company, Groupe XiV was never compensated. CPL controlled and destroyed Groupe XiV, fired most of the employees, and are currently forcing the company into bankruptcy. CPL have managed to squeeze out of the deal while retaining the clientele and assets. Groupe XiV was a small home-grown family business without the resources to maintain the high cost of legal fees and were quickly absorbed by savvy and experienced business gurus. Regarding the unhappy creditors, apparently there is a lesson to be learned here as later explained by the president of NMS/CPL/Intema – “one should never start a business in one’s home town”. !!??
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