Re: Merger Agreement between National Quality Care, Inc. (“NQCI”) and Xcorporeal, Inc. (“Xcorporeal”) dated September 1, 2006Merger Agreement • January 9th, 2007 • Xcorporeal, Inc. • Electromedical & electrotherapeutic apparatus
Contract Type FiledJanuary 9th, 2007 Company IndustryPlease be advised that Xcorporeal is not reasonably satisfied with the results of its due diligence of NQCI under the Merger Agreement, due to the following problems:
Xcorporeal, Inc.Merger Agreement • January 9th, 2007 • Xcorporeal, Inc. • Electromedical & electrotherapeutic apparatus
Contract Type FiledJanuary 9th, 2007 Company IndustryWe have all been proceeding diligently to move forward with the Merger Transaction under the Agreement, and to date NQCI has not exercised its right to terminate the Merger Transaction and proceed with the Technology Transaction.