Aluf Holdings Inc (AHIX)

[Maria56]

Oh, good grief. There's "news."

COREwafer Industries, Inc. (Pink Sheets: WAFR) a holding company whose wholly owned subsidiary, Core Wafer Systems, Inc. (“CWS”) is the creator of proprietary software with installations worldwide, today announced that they have signed a memorandum of understanding (MOU) with New York-based Sifr, Inc. d/b/a Hopskoch (“Hopskoch”), a private company.

Ooooo, now they've signed a MOU - that's a sort of gentlemen's agreement. Even better than signing a letter of intent to SEMATECH. LOL

The agreement calls for both parties to establish a joint venture for the operation of joint product development, introduction of business, new business development and marketing, and future sales activities.

Hmmm..."a joint venture for the operation of joint product development." Great! A joint venture that begins with redundancy. Excellent.

This is just one of the opportunities the Company has identified since they began to receive Letters of Intent from possible strategic alliance candidates which include, other possible joint ventures, strategic partnerships and/or alliances, mergers and acquisitions and other possible transactions.

Good to know that Waffer hasn't lost its flair for belaboring the vague.

Hopskoch’s primary product is a Software-as-a-Service (SaaS) marketing platform for marketing professionals and their clients to collaboratively author, distribute, and measure the effectiveness of interactive marketing across multiple channels. The platform offers tools to gamify customer interaction, using game mechanics in a non-game context to engage users for marketing purposes. The platform also facilitates transmedia storytelling, a customer engagement technique involving the creation of an interactive experience across multiple platforms and formats using current digital technologies.

And this will enrich Waffer how? "Gamify?" Seriously, this just sounds gamy.

“We are very excited about the opportunity to partner with COREwafer. We expect that this relationship will help us to extend our leadership, expand our current offerings and launch some strategic initiatives that have been under development,” said Marty Monaco, Founder and COO.

Why, Marty? Because Waffer is such a successful business already?

“This joint venture with Hopskoch is a major milestone toward our goal of establishing a strong financial position, and delivering long-term value for customers and shareholders,” said Cyril Moreau, President and CEO of the Company.

If only we knew what the point and purpose of this joint venture to jointly do was...What are YOU bringing to the Hopskoch table, Cyril, besides the need to sell your many Waffer shares?

CORE WAFER SYSTEMS, INC. (CWS), the wholly owned subsidiary and Flagship Company of COREwafer Industries, Inc. (WAFR), creates proprietary software, software algorithms, and hardware that is used in the testing and data mining of the most commonly used computer hard drives, memory, and magnetics; as well as other advanced magnetics, semiconductor and nanotechnology-based device components. For more information, visit www.corewafer.com.

Are you sure about this, Waffer? Have you checked with the NM court recently? I think that proprietary software was put into receivership and sold...