The Hunt for the Next 10 Bagger

[VETERANTRADER]

IFRS 0.015 - Something Brewing here
From the Aug 17,2010 PR

Propalms recently announced that the Company sold its wholly owned subsidiary, Focus Systems, Inc., to Infrared Systems International, in return for $2,280,000 which was paid in the form of 3,000,000 restricted common shares of Infrared Systems stock, based on a per share price of $0.51, plus $750,000 worth of Infrared Systems preferred shares valued at $1.00 per share. In addition, based on the terms of the agreement, Propalms will have an option to purchase an additional $250,000 of preferred shares for up to two years.


From the Aug 17,2010 PR

Propalms recently announced that the Company sold its wholly owned subsidiary, Focus Systems, Inc., to Infrared Systems International, in return for $2,280,000 which was paid in the form of 3,000,000 restricted common shares of Infrared Systems stock, based on a per share price of $0.51, plus $750,000 worth of Infrared Systems preferred shares valued at $1.00 per share. In addition, based on the terms of the agreement, Propalms will have an option to purchase an additional $250,000 of preferred shares for up to two years.


New filing today regarding a change of accountants
http://ih.advfn.com/p.php?pid=nmona&article=44180981&symbol=IFRS