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lifegear

05/12/08 11:49 PM

#803 RE: binsleep #802

Cable & Co. Worldwide, Inc. signed a definitive agreement acquire INmarketing Corp. from Modern Technology Corp. Andrew Perlmutter and David Weiss from $6.12 million.
11/12/2007
Cable & Co. Worldwide, Inc. (PINKSHEETS: CCWW) signed a definitive agreement to acquire INmarketing Corp. from Modern Technology Corp. (OTCPK: MODC), Andrew Perlmutter and David Weiss for $6.12 million on November 12, 2007. As per the agreement, 50% of the purchase price will be paid in cash at the closing and the balance will be paid in the form of a promissory note, which, under certain circumstances, may be converted into common stock of Cable at the election of the note holders. As reported, INmarketing generated $12 million of revenue in 2006. The closing of the acquisition remains subject to various conditions. The deal is expected to be completed in or about January 2008.

http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=23567004


lifegear

05/15/08 3:21 PM

#804 RE: binsleep #802

is the ask still at .003? scotturd is showing .025 ask