No comment so far on the second aquisition which has been disclosed here.
Ethostream is the hospitality service provider that TKO purchased. GLL & Walrus - this name might ring a bell from an email I sent you 4-5 weeks ago.
The 10K says the aquisition was completed on 3/15/07. It makes me wonder why a PR was not released. Looks like TKO paid $11MM for this company, so hopefully it has the revenue potential that SSI has. The number of shares to be issued is also adjustable if the share price exceeds $4.50 in the next year, so hopefully that happens. If we don't see mid $4s by the next year, there is something seriously wrong.
Now we have aquired a customer base and a product line that is a natural fit for the customer base. Hopefully TKO can put the two together to be worth more than the two pieces individually.
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