Cascade Technologies Corp.Cascade Technologies Corp • December 15th, 2009 • Semiconductors & related devices
The purpose of this memorandum of agreement is to confirm the principal terms of the agreement among Cascade Technologies Corp, a Wyoming corporation (“Cascade”), Spectral Molecular Imaging, Inc., a Nevada corporation which does business as Optical Molecular Imaging, Inc. (“Optical”), and the principal shareholders of Optical, in which Cascade or a newly formed subsidiary of Cascade (as applicable, the “Company”) would acquire in a share exchange (the “Exchange”) with the shareholders (the “Holders”) of Optical all of the issued and outstanding capital stock of Optical (the “Optical Stock”), in consideration of the issuance or transfer of certain shares of preferred stock and common stock of Cascade to the Holders. In the Exchange, the Company will agree to issue to the Holders 10,000,000 shares of Series A Convertible Preferred Stock (“Series A Preferred”) and 14,678,710 shares of common stock, no par value (“Common Stock”) of Cascade. Each share of Series A Preferred will initially b
