eAutoclaims.com + Transformation
Processing, Pan International Gaming +
SoloSearch.com
Pan International Gaming (PANE) acquires
SoloSearch.com |
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Amount: $15
million |
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Terms:
5 million shares at $3 per share |
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Premium: n/a |
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Industry:
Content/Communities |
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Scorecard: C- |
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SEATTLE, April 28–Pan International Gaming (OTCBB: PANE)
and SoloSearch.com Management wish to confirm that an agreement in
principle has been reached to acquire SoloSearch.com of Kansas City,
Missouri, for 5 million shares at $3.00 per share.
Strategically, SoloSearch.com brings the company unique technology that
will generate a multitude of joint ventures and revenue opportunities while
greatly enhancing the value of Searchound.com. The integration and
added management strength of the SoloSearch team will assist Pan
International Gaming Inc.’s objectives of building a profitable Internet
Solutions Company.
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eAutoclaims.com merges with Transformation
Processing (TPII) |
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*
Amount:
Undisclosed |
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*
Terms:
n/a |
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*
Premium: n/a |
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*
Industry:
Content/Communities |
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*
Scorecard: D |
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PALM HARBOR, April 28–eAutoclaims.com and Transformation
Processing (OTCBB: TPIIE
) are delighted to announce the execution of a definitive merger agreement
today which will be effective once appropriate filings have been made. This
agreement formalizes the previously announced letter of intent into an
Acquisition and Purchase Contract. The new Company will be renamed eAutoclaims.com Inc. and will have
approximately 10,800,000 shares outstanding (11,400,000 fully diluted)
after amalgamation.
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