John V. Cappello completed the acquisition of 53.95% stake in Castle Holding Corp. from George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey.
November 20, 2014
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John V. Cappello signed a letter of intent to acquire 53.95% stake in Castle Holding Corp. (OTCPK:CHOD) from George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey for $0.2 million in cash on June 6, 2014. In related transactions, Castle Holding will issue 2 million shares each to acquire portfolio of patents and for acquisition of stake in Emergent Health from John V. Cappello; and will issue an additional 3 million shares to John V. Cappello for $0.045 million. Castle Holding has the right to spin out Castle Advisors, Inc. to George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey within one year after the closing. The transaction is subject to due diligence and is expected to close on or before October 1, 2014. As of October 30, 2014, the transaction is expected to complete on November 20, 2014.
John V. Cappello signed a stock purchase agreement to acquire 53.95% stake in Castle Holding Corp. (OTCPK:CHOD) from George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey for $0.2 million in cash on November 20, 2014. The transaction is subject to government approval and others.
John V. Cappello completed the acquisition of 53.95% stake in Castle Holding Corp. (OTCPK:CHOD) from George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey on November 20, 2014.
New Technology Acquisition Holdings is a holding company. The Company is engaged in the acquisition of new technologies and intellectual property (IP) rights, patents, prototypes, co-production marketing rights, organizing memorandums of understanding with inventors of new technology, and interacting with the Company's partners in developing its intellectual property, products and services, commercially. The Company holds patent/pend status for disruptive new artificial intelligence (AI) driven compression technology and encryption technology and also holds the patent pending rights for an electric vehicle (EV) aluminum fuel cell patent and a registered trademark product as registered with the USPTO. It has business investment interests in disruptive new technologies and patents, applications, and projects. It is also engaged in research and development with a focus on commercialization of IP and development of new products or services, treatments, or other outputs.
John V. Cappello completed the acquisition of 53.95% stake in Castle Holding Corp. from George R. Hebert, Michael T. Studer, Kathleen E. Studer Pastore and Kristin A. Godsey.