SANTA ROSA, Calif.--Rotoblock Corporation (OTCBB:ROTB - News) is pleased to announce that its acquisition target in China is nearing completion. The acquisition target is one of the most developed manufacturers of automotive components and commercial equipment in the province of Jiangsu.
The purpose of the trip is to move forward from the signed term sheet towards the completion of the acquisition and to explore a new direction with Rotoblock. “I am confident that this engagement will forge a stronger partnership that will advance the Rotoblock name into the next phase,” says Mr. Liu.
About Rotoblock Corporation -- Rotoblock is focused on the development and establishment of various manufacturing plants in China to provide design, and manufacturing services to companies worldwide. The company was incorporated in Nevada and is headquartered in Santa Rosa, California. The Company also has full rights to the patents of the Oscillating Piston Engine and believes the OPE technology has useful applications in an endless number of areas where its powerful, lightweight, efficient design are in ever-increasing demand. Visit Rotoblock's corporate website for details about the company, technology, and regulatory filings. The address is: http://www.rotoblock.com.
|