Communication Design International

Communication Design International: has allowed the proposed acquisition of Teranova to lapse. Teranova is a coal seller with an exclusive coal supply agreement in Indonesia. The transaction, proposed in early Dec ’12, was to be carried out for consideration btwn $6.75 – 25m, in exchange for new shares in CommDesign issued at $0.20 /sh, and would have resulted in a Reverse Takeover (RTO). The shares continue to be thinly traded with no quotes this morning.