geile News:
Dutch Gold Acquires Technology for Potency Test Kit Marketing and Development Plans to Run Concurrently
Jul 10, 2014 (ACCESSWIRE via COMTEX) -- ATLANTA, GA / ACCESSWIRE / July 10 2014 / Dutch Gold Resources, Inc. (DGRI.OTC) (the "Company") (dutchgoldinc.com) today announced that its' subsidiary, Ascendant Analytics, Inc. (AAI), has acquired certain technology that will speed the development of its previously announced potency test kit for consumers.
AAI has acquired Provisional Patent 61/977,514 from Tetra Micro Labs, Inc. for cash and the Company will issue 25 million shares of restricted common stock. The acquisition of the technology shortens the development schedule for the test kit, allowing the Company to deliver products to consumers on its previously announced timeline.
The Company intends to begin building a distribution network beginning later this month, and has begun the process of distributer identification, qualification and selection. AAI will also launch a direct to consumer initiative later this quarter.