read very well this from the PR :"UWRL is in the final stages of due diligence and negotiations with Vu365 Group with the finalization of the merger virtually on a cusp of completion. UWRL has been in the process of seeking merger candidates, and strongly believes this merger candidate has huge potential. This belief is supported with PP365 brief entry in the public markets and the remarkable results achieved. The UWRL board thinks Vu365 is charting the way for global opportunities in the gaming sector. Future possibilities and expansions for the 365 Group includes expansion into SMS and MMS mobile type applications focusing on tri-way wireless network technology turn-key solutions for China based governments and businesses, and similar types of emerging mobile technologies.
In other company news, a source close to the UWRL said " UWRL continues its aspirations towards acquiring the previously announced Canadian based Welcome Place Software (WP) company. Both companies continue to work close in all aspects. At present UWRL and WP enjoy a signed letter of understanding with WP vigorously progressing with the name change, the launch of a new platform and more importantly exploring ways and means to dove tail the WP application into a mobile application and the future of UWRL global business game plan. All the pieces are slowly coming together and with VU365 platform the aforementioned global vision of the UWRL organization as a whole carries enormous potential. The management of UWRL, VU365 and WP are mindful of the opportunity at hand and have set a realistic workable timetable to reach these milestones. The management believes that this is well under way"
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