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Author Topic: MBTT Breakin out
Jonus
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This could be huge


MBTT 3/31/06 10Q Merger Info...13. SUBSEQUENT EVENTS

a) Purchase of Metaware Co. Ltd.

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.

Posts: 1343 | From: Rome Georgia | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
Chris4205
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Are you in on this one Jonus?
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Jonus
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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
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Chris4205
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Might be one to keep an eye on.
Thanks for the info.

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Jonus
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MBTT .004x.006 potential reverse merger play like RTGV


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Watch for continued volume.

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bilgert
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Averaged in at .0015. Shareholder meeting planned for tomorrow...
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
   

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