COHO 0004 <> From the finz <> The Company signed a letter of Intent to acquire another cloud based company. This transaction has not closed as yet due to some issues that arose during the due diligence process. It was originally believed that the acquisition would result in increased revenues of over $400,000 per annum with profit margins of approximately 50%. However further due diligence is being performed to be absolutely sure that these numbers are accurate. We expect a final decision on whether to proceed with the acquisition during the month of November.