AJA Merchant Banking: Finalized Contract To Acquire Phototek International, Inc.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Nov. 4, 1998--AJA Merchant (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :AJBC AJBC American Junior Bowling Congress (now Young American Bowling Alliance) ) The company announces that a final and binding contract has been formally signed to acquire all of the shares of Phototek International, Inc. As described in a prior news release, AJBC will exchange 2,000,000 restricted shares for all of the outstanding shares in Phototek. Phototek, a Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). company based in Walnut Creek, California Walnut Creek is a largely affluent suburb several miles east of Oakland in Contra Costa County, California, USA, in the East Bay region of the San Francisco Bay Area. While not as large as the neighboring Concord, Walnut Creek serves as the business and entertainment hub for the is in the business of manufacturing and distributing products utilizing 3D technology for sports and tourism. This completed acquisition will result in changes to the management and Board of Directors of the company. This press release may contain forward looking statements that involve risks and uncertainties which could cause the actual results to differ materially from those intended or anticipated by the company. NOTE TO EDITORS: No Stock Exchange has approved or disapproved the information contained herein. |
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