Santeon Group Inc (SANT)

[buckets]

from new 8k.

On May 31, 2006, we completed the acquisition of all of the outstanding capital stock of Touchdev Limited, a U.K. corporation, under a securities purchase agreement (the “Purchase Agreement”) with the owners of Touchdev Limited. Under the Purchase Agreement, we issued 8,000,000 shares of our common stock to the owners of Touchdev Limited, in consideration of their capital stock of Touchdev Limited.