ACQUISITION DD!!!!
On March 18, 2016, the Company entered into a software acquisition agreement to acquire all right, title, and interest in and to a certain computer program and documentation which will be marketed as “software-as-a-service”, a web-based system that provides an easy way for the customer’s compliance officers to identify and resolve potential violations or problematic areas under the rules of compliance. This acquisition is expected to in December, 2016.
On September 3, 2016, the Company entered into a Non-binding Letter of Intent to acquire all of the capital stock of a developer of hardware independent biometric processing software and leading provider of software development services as a subcontractor to major corporations. The Company concentrates on the design and development of large custom systems such as high volume message switches, large database systems, and the automation of large clerical systems. They also provide management consulting services to produce feasibility studies, procurement documents, special studies associated with automation or communications, and assisting customer staff in the development of automated systems. Under the terms of the Letter of Intent the definitive purchase agreement must be fully executed on or before October 31, 2016 with a closing date on or before December 15, 2016.
EXPECTING MEGA MOVEMENT SOON!!!!
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