What about THE "POKEN" BOMBSHELL
Posted by:gurupup
Date:Wednesday, October 14, 2009 8:44:34 PM
In reply to: Rawnoc who wrote msg# 6711
Post # of 6861
Memorandum of Understanding for Investment
in Poken Holding AG and Agreement to Form Joint
Game Card, Inc. (OTCBB: EGMI) ("EGC" or the "Company"), announced on October 12, 2009, that it has signed a memorandum of understanding ("MOU") to form a strategic partnership with Poken Holding AG ("POKEN AG"), a privately held company based in Kilssnacht, Switzerland that owns the POKEN product and related intellectual property ("POKEN").
POKEN is a next-generation RF technology-based social networking platform.
Under the terms of the MOU, EGC and POKEN AG plan to form a joint venture that is intended to have the exclusive rights to market, sell and distribute POKENs in North America. EGC would own sixty percent (60%) of the joint venture and POKEN AG would own the remaining 40%.
In addition under the MOU, EGC would become a strategic partner of POKEN AG by investing approximately $500,000 in POKEN AG in exchange for approximately 3.45 percent ownership of POKEN AG. Upon completing the investment, EGC would have one of six seats on the POKEN AG board of directors.
POKEN IS MY FAVORITE......The reason being is that every kid in the USA is a customer, every traveling businessman, every college student, every convention, every retail group, every corporation, every anybody that uses FACEBOOK, TWITTER, MY SPACE.
A stocking stuffer, a give away, a cute gift,etc... and that is not all of it, but you know what we have a outstanding management team, and a great PR, IR initiative team that has many more ideas in their quiver I can assure you.
This product could make EGMI a home run on its own, and it will, but there is much more to come. We had to see some new deals and we got two monsters, and there are many more in the pipeline.
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