CLF acquires CFO2GOCLEARFRAME SOLUTIONS INC. ("CLF")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: February 23, 2005
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with
respect to an Asset Purchase Agreement dated February 21, 2005,
between ClearFrame Solutions Inc. (the 'Company') and CFO 2 GO
Financial Inc. (the 'Vendor'). The Company is acquiring the business
of CFO2GO through the purchase of all of the assets of the
business from the Vendor. The business includes proprietary
technologies and software for simplifying and organizing accounting
records of small and medium size enterprises.
In consideration the Company will issue to the Vendor 2,000,000
common shares (deemed price of $0.05 per share).
For further information please refer to the Company's news release
dated February 21, 2005.