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Wednesday, November 10, 2010 12:11:24 PM
Is that the same one that EEGI is now in talks with?
http://www.minamargroup.net/support/index.php?_m=news&_a=viewnews&newsid=519
"EEGI (www.elineentertainment.com) management feels that this is a significant event that merits reporting to the market. Management believes that this merger is imminent, as Vu365 (www.vu365.com) has been looking to enter the USA markets for quite some time, and virtually exhausted its patience in discussion with another publicly traded company. EEGI management being able to accommodate VU365 needs is taking aggressive action. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone."
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