In March 2006, the Company entered into a share exchange agreement with Metaware Co. Ltd., ("Metaware") a Republic of Korea corporation, and will acquire 51% of Metaware in exchange for 62,400,137 restricted common shares of the Company. Metaware is a digital telecommunications company headquartered in Seoul, Korea, with approximately 120 employees in five countries; it is the maker of various digital set-top box receivers and other products for the cable and satellite industry. Both the Company and Metaware will then try to complete the acquisition of the remaining 49% balance of Metaware which is currently held by a company listed on the Korean Stock Exchange. On completion of the merger, the management of Metaware will replace that of the Company.
Posted by Chris4205 on :
Are you in on this one Jonus?
Posted by Jonus on :
quote:Originally posted by Chris4205: Are you in on this one Jonus?
Got in at a penny long time ago averaged down some at break even right now looking for multiple pennys soon. Volume came out of nowhere on high alert right now
Posted by Chris4205 on :
Might be one to keep an eye on. Thanks for the info.
Posted by Jonus on :
MBTT .004x.006 potential reverse merger play like RTGV
Watch for continued volume.
Posted by bilgert on :
Averaged in at .0015. Shareholder meeting planned for tomorrow...
