Aluf Holdings Inc (AHIX)

[Maria56]

Well, there ya go:

On September 3, 2016, the Company entered into a Non-binding Letter of Intent to acquire the capital stock of a developer of hardware independent biometric processing software and leading provider of software development services as a subcontractor to major corporations. The Company concentrates on the design and development of large custom systems such as high volume message switches, large database systems, and the automation of large clerical systems. They also provide management consulting services to produce feasibility studies, procurement documents, special studies associated with automation or communications, and assisting customer staff in the development of automated systems. Under the terms of the Letter of Intent, a definitive agreement was executed on October 31, 2016. Closing will likely take place by the second or third quarter of 2017.

And you may not know fer sure until March 31, 2018 when the annual report is due

LOL

https://www.otcmarkets.com/financialReportViewer?symbol=AHIX&id=168212
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