Secured Digital Storage Corporation Signs Letter of Intent to Acquire Computer Refurbishing Company
CHICAGO, IL--(Marketwire - February 23, 2009) - Secured Digital Storage Corporation (OTCBB: SDGS) today announced it has signed a letter of intent to acquire Power
Trading LLC and Marketing and Money Management, LLC of Tyler, Texas. The
two companies combined are commonly known as hcdiTrading.com (HCDI) and are
one of the premier PC and Laptop refurbishing companies in the U.S.
Additionally, HCDI is one of the largest sellers of PC and laptops on eBay
with over 16,000 positive responses and a 99.6% positive rating from its
customers. In 2008, HCDI shipped over 30,000 computers, 10,000 LCD
monitors, and 2,000 laptops. In addition to upgrading the memory and speed
capacities, HCDI uses a unique process to re-finish the outer cover of the
refurbished PC/laptop which makes the final product look and feel virtually
like new. HCDI typically sells its computers for 25% - 40% cheaper than its
brand new counter-parts.
February 23, 2009 | Filed Under
Mergers and Acquisitions Comments