PFO Global has announced the completion of a merger of PFO Acquisition Corp. with its wholly-owned subsidiary Pro Fit Optix Holding Co., resulting in the emergence of PFO Global as a publicly traded company. It will continue to be headed up by Rudolf Suter as chief executive, Charles Posternack as managing director and Timothy Kinnear as chief financial officer. Big names such as Barry Schimmel, Dean Butler and Ed Greene have been named directors of the company. Following the merger, PFO has sold convertible debentures worth $4 million to Hillair Capital Investment, plus a five-yearwarrant for an additional shares.

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