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CelebDirect Inc. Acquires TV Inc. and Revises the Reverse Takeover of Wallace Marketing and Licensing Group Inc.

Publication: Business Wire
Publication Date: 23-OCT-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LOS ANGELES -- CelebDirect (Pink Sheets:CELI) has acquired 100% of the issued and outstanding shares of TV Inc. and revised the acquisition of Wallace Marketing and Licensing Group Inc. (WMLG) that it announced on September 26, 2007. CelebDirect will issue 16,233,334 restricted common shares for the acquisition of WMLG not 42,408,334 as shares previously announced. CelebDirect will also issue 26,125,000 restricted common shares for...

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