Yes, and here is why:
Thursday March 7, 9:02 am Eastern Time
Press Release
SOURCE: Diatect International Corporation
Diatect Engages Wood Roberts As Corporate Financial Advisor
HEBER CITY, Utah, March 7 /PRNewswire-FirstCall/ -- Diatect International Corporation (OTC Bulletin Board: DTCT - news) announced today that it has engaged Wood Roberts, LLC of Houston, TX as its corporate financial advisor.
Wood Roberts will provide advice and assistance in formulating, developing and implementing a strategic financing plan addressing Diatect's capital needs with respect to institutional and other sources of equity and/or debt financing and in other strategic planning activities.
Diatect CEO Jay Downs said, ``Our company is on the edge of explosive growth. This will likely require additional capital for plant equipment and financing inventories as well as related advisory services. We are looking to Wood Roberts to help arrange any financing that will be required to advance our business plan and to help develop the financial platform for managing our growth in an orderly fashion.''
John Martinson, managing director of Wood Roberts, ``Since 1988, Wood Roberts has provided private investment banking and corporate financial advisory services, initially to small and mid-sized participants in the energy sector and more recently also to early stage companies in various industries. Diatect is a highly promising company with a strong business plan and a solid management team. We greatly look forward to working with them.''
Wood Roberts' services include providing comprehensive advice and assistance in the entire private institutional debt and equity financing process; arranging mergers, acquisitions and divestitures; valuing businesses and corporate securities; fairness opinions; and general consulting related to a variety of corporate financial matters. Wood Roberts also provides forensic analysis services related to the dispute resolution process.
Since it was founded Wood Roberts has completed engagements for over 25 companies, in the process assisting clients in raising over $200 million in debt and equity capital. Wood Roberts has conceived of, instigated and successfully arranged two mergers and has represented eleven companies in their acquisition and divestiture activities. Wood Roberts has been retained as corporate financial advisor by a dozen companies. |
