Terms and conditions of the joint endeavor comprise of sharing in sales revenue, license sales revenue, and a choice for a future minority equity exchange between IDVC and EverForce.
IDVC will likewise have the chance to authorize Everforce power plants in the province.
IDVC has the knowledge of these high demand regions and contacts that can help us accelerate sales."
also supports the International Violence Against Women Act, a bill introduced last October that provides $1 billion over five years to violence-prevention and reduction programs worldwide--many in developing countries, where women have far fewer resources.
Still, IDVC is now considering other options with high profit potential and expects to finalise the acquisition of an unnamed entity by early September, the companya[euro](tm)s director Eric Montandon said.
In preparation for the particular takeover, IDVC intends to repay its entire outstanding convertible debt of about USD50,000 (EUR41,250) prior to its conversion.
The expansion will involve wholly-owned branches, franchises and joint ventures.Country: USASector: Alternative EnergyTarget: Cleanfield Energy IncBuyer: Infrastructure Developments Corp (IDVC
)Type: Corporate acquisitionStatus: Closed
The laboratory and field assistance given by the staff of NIMR, IDVC
Field Unit, Ranchi is gratefully acknowledged.
The two companies agreed on 7 April that IDVC
would take up to 100% of Intelspec in exchange for some 70% IDVC