Intelligent Living Inc. (fka ILIV)

[Euripides90]

OK thanks for the headsup to you and XXBrooks-- etc.: will be watching, if true the revenue they'd bring will make this PPS pop just on the confirmed announcement.

So many PPL looking for a solid investment in this sector with the shakeout going on and post-PHOT fears, while some of the old-timers are proving disappointment both in growth of revenue and new product and resulting PPS and return on investment -- and they've attracted some tireless detractors trying to tear their PPS down further. U know who some of those are. I've got my hands in a few of those as well, there is value to longevity -- but this company is in tune with my CA-lifestyle mentality of healthy living and aging without getting "old" as long as possible...not just for stoners or sick people, it's a wellness focus.

I'm not seeing a source for where Venturian adds 1.5M revenues but I'll take XX's word for it for now -- I do like the broad focus of ILIV and how they're tech-savvy and incorporating multiple platforms from social media to brain-games and Apps, integrated healthstyle offerings. This PR puts their objectives very well:

For those who missed it or like me are new to this company:

http://www.prnewswire.com/news-releases/iliv-acquires-assets-of-it-and-cloud-provider-venturian-group-and-establishes-new-subsidiary-to-penetrate-6-billion-dollar-market-239304891.html

"As an agent for Cloud management, Venturian is right at the point of consumerization for next-generation enterprise applications," noted ILIV Chief Strategy Officer Josh Eikov. "The combination of Intelligent Living and Venturian will empower an ecosystem of enterprise-level capabilities with a full set of tools to empower healthcare practices by lowering their friction points and to execute a single Cloud strategy while maintaining central governance, policy and administration in a single contact point and also providing ILIV a way to internally scale its operations and become technology independent."

In the past few months under new leadership, Intelligent Living has undertaken a significant strategic transformation to position itself for the high-growth segments of the technology solutions and services marketplace, including mobile and gaming, wellness and health based ecommerce, and now Cloud Computing, Big Data, cybersecurity and next-generation applications. This transformation has been enabled by several acquisitions of next-generation technologies, including brain games platform MIND360 and nutrafoods platform Health and Beyond, and by building partnerships with industry leaders that can deliver applications and games to ILIV customers, including an alliance agreement signed in October with Monster Arts Inc. (APPZ).

"Enterprise consumption habits, especially within the healthcare arena, have changed. Customers today want to move to a new IT model in which they can operate at a lower cost structure, eliminate CapEx, improve service and gain more ROI out of their work environments." said Venturian's Chief Executive Officer Allen Firouz. "Bringing Intelligent Living and Venturian together makes logical sense and positions the new organization for a true leadership role in transformation of IT."

The assets of Venturian Group, Inc. will be absorbed into a newly established subsidiary of Intelligent Living called Venturian Technologies Inc. with the current management of Venturian taking on the same roles within the new company. Venturian Technologies will continue its mission of providing Private Cloud and Solutions Architecture services to its current and new customers, while playing a critical role in the technology endeavors of ILIV. Allen Firouz and Lauren Fox will also be named as VP's of Intelligent Living Inc., becoming a critical part of the executive team.

The companies expect to close the transaction on March 31, 2014, subject to customary closing conditions. The exact terms were not disclosed at this time.

(Yes it's clear the deadline has been extended.)