InvestorsHub Logo
Followers 37
Posts 318
Boards Moderated 0
Alias Born 11/26/2008

Re: wz9ytp post# 33478

Monday, 10/16/2017 6:50:02 PM

Monday, October 16, 2017 6:50:02 PM

Post# of 54143
Well the link is simple.

CWIR acquired 1/2 Inqubus, Inc and SDVI acquired the other 1/2 (now Innovo Tech) in the IOT space.

Inqubus is a incubator (duh ;) ). It basically helps fund companies and either rolls them into bigger companies or will do reverse mergers, etc.

4 companies out of Inqubus were rolled into $SDVI, The old share holders were bought out with preferred shares.

Harry Orfanos likes to do the same type of thing, but at a bigger levels, so I worked a deal with him to take over CWIR.

This means I will be able to fund research and development for SDVI.

But in general the companies don't have a business relationship directly with each other, except through the Inqubus, Inc. subsidiary.