Aluf Holdings Inc (AHIX)

[Truenorth2016]

Geaux2Guy, the date in the filing you and Maria posted is March 01, 2018...that PARTICULAR DEAL appears to no longer been pursued......HOWEVER, 5 days after that date, the NEW CEO put out a PR on May 5th 2018 saying they are pursuing a new route to get 2 biometric companies via 15 MILLION DOLLARS given to them via investors and not through IPO/ICO.....(NOTICE NO MENTION OF THE 15 MIL IN TODAYS FILING..THESE ARE NEWER AQUISITIONS BEING PURSUED A NEW ROUTE VIA THE 15 MILLION BUYOUT!!!)

FROM THE MAY 5th PR...Which is more recent and supercede anything on or before the March 01, 2018 date you posted from the filing:
https://www.accesswire.com/491632/Letter-to-Shareholders-from-Newly-Appointed-Chief-Executive-Officer-CEO-Glenn-W-Milligan

"To this end, I am pleased to inform you AHIX is in the final stages of due diligence and a $15.5 MM capital raise to fund the total acquisition of two (2) targeted biometrics companies, rapid integration of operations, and underwrite a well-planned service expansion while maintaining superior product quality and customer support. <<<<<<<----------FROM AHIX NEW CEO AFTER THE MAY 01, 2018 FILING DATE!!! THIS IS A NEWER ANNOUNCEMENT YOU ARE OVERLOOKING!!!

THE MAY 01, 2018 IS NOT THE MOST RECENT DATE.....THAT DEAL WAS NEGOTIATED PRIOR TO THE NEW CEO.....THE NEW CEO CAME IN AND NOW DOING THINGS DIFFERENTLY IN WHICH HE ALSO SAID IN TODAYS FILING, THAT THE DEAL(S) ARE SCHEDULED TO STILL BE DONE IN THE 2nd QTR WHICH IS NOW!!!

BOTTOMLINE!!! BOTTOMLINE!!! BOTTOMLINE!!!

THIS BIOMETRIC AQUISIITON (S) IS STILL HAPPENING PER TODAYS FILING AND DUE TO CLOSE 2ND QTR 2018 WHICH IS NOW!!!:

"the Company entered into a definitive purchase agreement to acquire all of 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 definitive purchase agreement the closing date was initially to be held on or before December 15, 2016. The closing date has been extended, by the approval of all parties, until adequate financing has been achieved. This acquisition is expected to close during the second quarter of 2018".