Here you go folks!!! The reason for the halt.Peak Signs Definitive Agreement to Acquire LongKey Hong Kong Marketwire Canada Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE:PKK) today announced that following the announcement originally made on April 17, 2013, of the signing of a letter of intent to acquire its Chinese business partner, LongKey Hong Kong Limited ("LongKey), the Company has now entered into a definitive share purchase agreement to acquire a majority stake in LongKey (the "Acquisition"). The Acquisition is structured such that Peak will initially acquire 51% of LongKey's issued and outstanding shares (the "LongKey Shares") at the closing of the proposed transaction. Peak will have the option to acquire the remaining 49% of LongKey's issued and outstanding shares within a 24-month period of the closing of the transaction. The contemplated Acquisition is an arm's length transaction