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Re: None

Thursday, 05/11/2006 8:49:54 AM

Thursday, May 11, 2006 8:49:54 AM

Post# of 92056
Neutral... you have to remember that the $15 million that Actsoft was to receive in the acquisition may have changed now that the O/S of the shell they are moving into will be tremendously smaller. The beauty of this whole thing is HISC is acquiring Actsoft and may not cost as much as it would if they would have merged into HISC via SB-2. Since it is a general concensus that our divi will be restricted, they have the opportunity to sell new shares and raise that 15 million, if it is still in play, since the float has to come from somewhere (A/S). I could be way off base but I don't believe HISC will have to fork over 15 million (cash or stock) anymore. I believe that Tom Mitchell will be the CEO of EVSI and it will be announced at the teleconference.
RedCloud