BEVERLY HILLS, Calif., Nov. 3, 2014 (GLOBE NEWSWIRE) — CoConnect, Inc. (“CoConnect”) (OTC Markets:CCON) today announced the execution of a stock and membership interest exchange agreement (the “Agreement”) for the acquisition of all of the outstanding equity interests of House of Knipschildt, LLC (“House of Knipschildt”), a Norwalk, Connecticut-based manufacturer, wholesaler and retailer of hand-made and other high-end chocolate products.
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LOS ANGELES, May 5, 2014 – PacificWave Partners Limited (PacificWave Partners), an innovatory global merchant bank and investment management firm, announced that on May 1, 2014 it closed, on behalf of itself and a group of private investors based in Europe, the acquisition of a controlling interest in CoConnect, Inc. (OTCQB:CCON), a publicly traded Nevada corporation (the Company). The transaction consisted of the purchase from three of the Company’s shareholders of 2,582,767 shares of the Company’s common stock, representing 93.9% of the outstanding shares (excluding options and warrants). In addition, the selling shareholders surrendered for cancellation 100,000 shares of the Company’s Series B Preferred Stock. Other terms of the transaction were not disclosed. The Company is a publicly traded shell corporation with no current operations.
