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0.146511627906977 0.146511627906977 -0.0104651162790696 0.0209302325581397 -0.104651162790697 -0.104651162790697 -0.104651162790698 -0.0813953488372092
Stock impact report

Patent-Rich Micro-Cap Lands Acquisition LOI, Shares Soar on News [Globe and Mail, The (Toronto, Canada)]

CAVITATION TECHS INC (CVAT) 
NASDAQ:AMEX Investor Relations: ctinanotech.com
to maintain market exclusivity and potentially command higher pricing, but also serves as a defensive tool in infringement disputes. In addition, patents are valuable business assets that can attract investors and enhance overall company valuation. Today, one micro-cap company demonstrated that value by announcing it has signed a Letter of Intent for an all-cash acquisition, at a valuation well above its recent trading price. Unsurprisingly, the stock is surging on the news. Cavitation Technologies, Inc. (OTCQB: CVAT) announced that it has received and countersigned a Letter of Intent (LOI) from European Guarantee Services S.à.r.l., a Luxembourg-based firm representing a group of high-net-worth investors and strategic partners, to acquire 100% of the company and its partially owned affiliates, Alchemy Beverages Inc. and XYRA Corp. The proposed all-cash transaction values the company at approximately $40–$42 million, or about $0.13 per share on a fully diluted basis, subject to due Show less Read more
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