There seems to be a lot of money behind SPTK and looks like Dormbooker (that deal is done. Management team is on SPTK website http://spiretech.co/the-team/) will not be the only acquisition.
'Spire Technologies is focused on acquiring and funding e-commerce platforms for B2C products and services. In consultation with a network of consultants, the company is actively engaged in researching and engaging within the developer community to discover advanced stage e-commerce consumer application. Our network is comprised of developers with a history in successful platform launches and founders of proven start-ups. We are currently evaluating numerous advanced platforms that are in various stages of beta testing and demonstrable consumer uptake and have a network of institutional investors to fund capital requirements of $5-10M for marketing and deployment.' http://spiretech.co/about/
The investors could be the new CEO and his network: Mr. Douglas retired in December 2004 and has continued to be an active outside investor in both private and public companies. Mr. Douglas will not be receiving any compensation for his services as an officer or member of the Board of the Company. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11669274
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