Aluf Holdings Inc (AHIX)

[Maria56]

Oh, I disagree, but thanks for making me taking another look. I realize now that Gary muddied the waters when he used the term "Merger Sub." My clever husband created a searchable Merger Agreement for me from that wee, tiny image file of the Agreement that was posted. The term "Merger Sub" is not used anywhere in the actual agreement; it is only used in Gary Polistena's cover letter.

According to the Definitions in Article X, "'Merger Corp.' means Action Products International, Inc. a New York corporation."

According to the Agreement, the merger is between "Merger Corp" (APII NY) and the "Company" (Core Wafer Systems).

Neither APII NY nor the Core Wafer Systems show any signs of having merged according to the Secretary of State websites for NY and NV.

APII, a Florida corporation, on the other hand, and the NEW entity, COREwafer Industries, do indicate mergers; however, they do not indicate the relevant merger.

I stand by what I've written. The merger may have happened, but it did not happen per the terms of the merger agreement. Personally, I do not believe it has happened at all, and I expect the Q2, when and if it is ever published, to bear me out.