Friday, August 12, 2011 1:54:38 AM
We are currently in negotiations with two ideal acquisition candidates that benefit from the business combination. ICTY is also looking to raise funds by alternative means tied to an acquisition and has no plans of any financing that would adversely change share structure in the public float. We continue our policy of no capital rising through equity funding as well as reducing and retiring outstanding shares. This hopefully will continue to add value to existing shareholders as well as allow more favorable structure for business acquisition.
The company is working diligently on these new projects and expects to report additional progress within the 2011 calendar year.
FEATURED DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • Nov 7, 2024 2:16 PM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM