TSXV:ISD.H - Post by User
Post by
stockreadyon May 29, 2014 2:48pm
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Post# 22611549
Update to yesterday's news
Update to yesterday's news iSIGN Media Updates Yesterday's Announcement Regarding an Agreement in Principle to Acquire P O S Canada
TORONTO, ONTARIO -- (Marketwired) -- 05/29/14 -- iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX VENTURE:ISD)(OTCQX:ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America, today updated yesterday announcement concerning its Memorandum of Agreement ("Agreement") to acquire all of the issued and outstanding shares of P O S Canada ("P O S").
iSIGN wishes to assure the marketplace that the proposed acquisition of the outstanding shares of P O S will not constitute either a change of control or a reverse takeover. A more comprehensive release with the final terms and financial information will be disclosed once a definitive agreement has been signed by the parties.