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RedCloud

01/13/06 8:16 PM

#17338 RE: naik #17337

Well the Actsoft logo and the Comet Tracker logo is on the HISC site and you can be sure that if there wasn't a "meeting of the minds", ActSoft would sue their azzes. In addition KOOK was at the shareholders meeting when the CEO of ActSoft spoke to the shareholders. ActSoft doesn't want to shoot themselves in the foot by saying they have been bought by HISC when in fact, the sale will not take place unless HISC makes the uplist to the OTCBB. That's just smart business. Think of it in terms of ActSoft being under contract but until the deal is closed (uplisting and payment) they are two separate companies.
RedCloud
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chisox pat

01/13/06 8:22 PM

#17339 RE: naik #17337

No company would mention a potential sale until it was a done deal. There is no good which could come of it. Additionally, current customers might worry about a change in ownership/management and start to look for an alternate vendor in case the transition does not go smoothly.