Thursday, July 15, 2010 12:04:25 AM
the last UWRL PR caught my attention big time with the set-up they are doing into UWRL by acquiring 2 Companies to give birth to a Huge technology .
UWRL is going to acquire Vu365 Group and Welcome Place Software (WP)not only for their revenues generating already established business but more to build applications for expansion into SMS and MMS mobile type applications focusing on tri-way wireless network technology.
tri-way wireless network technology is a key point in those 2 acquisitions
this technology is to Empower Intelligence by realizing network connected converged Voice, Video and Data (triple play), anytime, anywhere.
UWRL management has plans to develop tri-way applications turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies and that is HUGE $$$$
read very well this from the PR :"UWRL is in the final stages of due diligence and negotiations with Vu365 Group with the finalization of the merger virtually on a cusp of completion. UWRL has been in the process of seeking merger candidates, and strongly believes this merger candidate has huge potential. This belief is supported with PP365 brief entry in the public markets and the remarkable results achieved. The UWRL board thinks Vu365 is charting the way for global opportunities in the gaming sector. Future possibilities and expansions for the 365 Group includes expansion into SMS and MMS mobile type applications focusing on tri-way wireless network technology turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies.
In other company news, a source close to the UWRL said " UWRL continues its aspirations towards acquiring the previously announced Canadian based Welcome Place Software (WP) company. Both companies continue to work close in all aspects. At present UWRL and WP enjoy a signed letter of understanding with WP vigorously progressing with the name change, the launch of a new platform and more importantly exploring ways and means to dove tail the WP application into a mobile application and the future of UWRL global business game plan. All the pieces are slowly coming together and with VU365 platform the aforementioned global vision of the UWRL organization as a whole carries enormous potential. The management of UWRL, VU365 and WP are mindful of the opportunity at hand and have set a realistic workable timetable to reach these milestones. The management believes that this is well under way"
the play:
UWRL is not only acquiring a gaming company and a software one
but UWRL is after bringing a tri-way wireless applications for the mobile industry from those 2 acquistions
UWRL is expecting the launch of a new platform by WP that should marry the VU365 applications technology and give birth to an SMS and MMS mobile type applications focusing on tri-way wireless network technology turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies.
UWRL will turn really HUGE play
we will have a technology similar to this in UWRL after the 2 acquisitions :
http://triwaynetworks.com/about_us.html
the 2 companies will bring automatic valuation to UWRL shareholders but the born technology fro the merge of WP software into the application used for gaming will give birth to Tri-way solutions that will be sold to govt agencies in China and businesses and that is a HUGE multi billion $$$ market
ps:Vu365 group acquisition is closing now $$$$$
Balamidas
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