CB Scientific, Inc. (OTCPK:CBSC) acquired Marutronics LLC from Bobban Subhadra and Vijitha Vivekanandan for $15.7 million on February 24, 2017. Under the terms, CB Scientific will issue 7.5 million newly issued restricted shares of common Stock of CB Scientific and 5 million shares of common stock of CB Scientific at par value as stock options. As part of the agreement, Bobban Subhadra has been elected as the Chief Operating Office of CB Scientific and will also serve on the Board of Directors of CB Scientific. CB Scientific, Inc. (OTCPK:CBSC) completed the acquisition of Marutronics LLC from Bobban Subhadra and Vijitha Vivekanandan on February 24, 2017.