RM Investors to takeover 20/20 Produce Sales
date:Mar 18, 2014
of $15.9m and a net profit of $0.4m.

RMII agreed to issue 4,836,000 shares of its stock to buy 20/20 as a wholly-owned subsidiary.

As per the agreed terms, the directors and shareholders of 20/20 were nominated as directors and officers of RMII.

The new board comprising Mark D Williams, Robert T Williams, Tom Wason and Colin Gibson has approved plans to change the name of the company to 20/20 Global. A new stock symbol reflecting the new name will be announced later.


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