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[QUOTE]Originally posted by Dustoff101: [QB] Old news....But thats all we got... These people do not smother folks in fluff. If interested in this stock? go to the SEC filings...When folks have time? we always should do that anyway...There is enough info in there to atleast get an idea as to the intent of the company..So far I do not think we have a shr. printing machine here..But ya never know.. If your green at trading be very careful with this stock... I do agree with others that bottom is at hand..Guess we will find out... If all else fails? I will go bacxk to cussing out NITE again! Atleast it makes a fella feel better! ------------------------------------------------ Softnet Technology Corp.: Key DevelopmentsView: All Developments Earnings Announcements Product Announcements Softnet Technology Corp. Divests Solutions Technology February 09, 2006 Softnet Technology Corp. announced that it has divested its former wholly owned subsidiary, Solutions Technology. The company was sold for consideration of $100,000. Softnet Technology Corp. Closes The Acquisition Of Inspara Networking Technologies January 18, 2006 Softnet Technology Corp. announced that it has closed the acquisition of Inspara Networking Technologies, Inc. The Company will issue to Inspara stockholders 49,890,424 shares of unregistered restricted stock. Inspara will conduct all future business under the name of SoftNet Technology. Softnet Technology Corp. Retires to Treasury 100 Million Shares Reducing Total Shares Outstanding by 25% December 01, 2005 Softnet Technology Corp. announced that the Company has retired 100 million of their outstanding shares. The total shares outstanding have been reduced from 399 million to 299 million, a reduction of just over 25%. Softnet had previously entered into a stock loan program with a European funding group and the shares were issued as collateral. The financing never closed. The shares were returned to the transfer agent on November 29, 2005 and have been cancelled. SoftNet Technology also has another 150 million restricted shares issued in the name of Pini Ben David. These shares are being held in an escrow account at a reputable bank in Switzerland for a potential loan. If this loan does not close shortly, these shares will also be returned to the Company and cancelled. Softnet Technology Corp. Signs Definitive Agreement to Acquire InsPara Networking Technologies And Divests Itself Of WholesaleByUs November 02, 2005 Softnet Technology Corp. announced that it has entered into a definitive agreement to acquire InsPara Networking Technologies, Inc. while at the same time divesting itself of WholesaleByUs. The Company retired 17.5 million shares from the divestment of WholesaleByUs and used those shares for the acquisition of Inspara. Softnet Technology Corp. Completes Sale of GuestWorx to Seamless Wi-Fi, Inc. October 20, 2005 Softnet Technology Corp. announced that Seamless Wi-Fi, Inc.'s subsidiary, Seamless Skyy-Fi, Inc., has acquired, from Softnet, GuestWorx, an Internet services company, whose specialty is providing Wi-Fi Solutions for the hospitality industry. Terms of the transaction were not disclosed. Data providers © 2006 Reuters, Inc.. [/QB][/QUOTE]
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