we will get the whole WITS Co, so if the numbers that was given by 3rd is true, than RDSH will have 12M$ revenues the year, alone on the transport business.
We will get the whole Wits Co, with all its revenues and business.
On May 1, 2015, the Registrant entered into a Letter of Intent with Brian Wadley and WITS Holdings Pty Ltd. (“WITS”) of Wetherill Park, NSW, Australia, with respect to a proposed acquisition of all the issued and outstanding shares of WITS (the “WITS Shares”) by the Registrant (the “Acquisition”). WITS carries on a transport business in Australia under the business names of “Wadleys Interstate Transport Services Pty Ltd.” and “Wadley Interstate Transport Services.
It is further understood that Mr. Wadley will not compete anywhere in Australia with WITS or the business now carried on by WITS for a period of five years from the closing of the Acquisition.