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Thursday, February 2, 2012

Berkeley Coffee Enters into Agreement to Acquire DTS8 Coffee

Berkeley Coffee & Tea, Inc. (BKCT.OB) announced today that pursuant to a Purchase and Sale Agreement (the "Agreement") dated January 31, 2012, Berkeley Coffee & Tea, Inc. ("Berkeley") will acquire 100% of the issued and outstanding capital stock of DTS8 Holdings Co., Ltd. ("DTS8 Holdings"), a Hong Kong company which owns 100% of DTS8 Coffee (Shanghai) Co., Ltd., a wholly owned foreign subsidiary entity corporation in China, by issuing $4,000,000 worth ...continued
 

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