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Re: Jimmy Quick post# 32254

Thursday, 05/18/2006 12:11:02 AM

Thursday, May 18, 2006 12:11:02 AM

Post# of 92056
You asked a lot of questions.....don't know if I can remember them all. Have not heard that the deal btwn HISS and ActSoft is finalized. ActSoft is a privately owned company (for now), HISS and ActSoft are separate (for now), when HISS acquires ActSoft and forms the new company under the current "EVSI" symbol it will be comprised of ActSoft assets and certain HISS assets presumed to the software side of HISS. HISS will retain the hardware side. I believe you are correct when you summarized that the dividend is in essence like being paid for the assets that are going into the new company. But also consider the potential of the new company that you are receiving a stock dividend in. The assets that are merged into the new company are merged with a company that also has assets coming with it.