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Provider: Thomson Reuters Stock Report

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Applabs Technologies Ltd completes acquisition of shares in Roster Elf Pty Ltd

Thursday, 27 Feb 2014 08:00pm EST 

Applabs Technologies Ltd:Announced the completion of due diligence and has now completed its agreement to purchase 25 pct of the issued capital of Roster Elf Pty Ltd.Says $250,000 paid in cash to Roster Elf (minus $25,000 deposit already paid).Says total of 431,966 Applabs shares issued to Roster Elf shareholders.Being $100,000 worth of Applabs shares based on the VWAP 7 days prior to the completion Date.The Consideration Shares will be subject to escrow for a period of one year from the issue date. 

Company Quote

0.0050 +1.96%
28 Aug 2014