UnifiedOnline Inc fka UOIP

[keep it simple]

According to this 8K the dilution based upom $ 0,25 stockprice today the dilution will be 43 million shares add 143 million. So around 186 million shares after merger will be effective.



8-Mar-2011
Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement.
AGREEMENT AND PLAN OF MERGER
On March 4, 2011, the Company executed a definitive merger agreement with United Strategies, Inc. ("USI"). USI, along with its wholly owned subsidiary, Promark Technology, Inc. is a privately held U.S. company recognized as a well established premier value added distributor of data products and solutions.
Pursuant to the terms of the transaction, IceWEB will pay the selling shareholders of USI total consideration of approximately $10,778,950. Based on USI's historical financial performance, it is expected to contribute approximately $100 million in revenues to IceWEB in the coming calendar year.
On March 7, 2011 IceWEB, Inc. issued a press release announcing the definitive merger. A copy of the press release, which is incorporated herein by reference, is attached to this Current Report on Form 8-K as Exhibit 99.1.