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Examples
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( "Preo") (CNSX: PKM) announce pursuant to an engagement agreement dated April 30, 2010 (the "Engagement Agreement"), among Karel, Preo and Mackie
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Pursuant to the terms of the LOI, Karel and Preo will amalgamate (the "Amalgamation") to form a new company (the "Resulting Issuer") under the following fundamental terms:
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Mr. Glubish currently sits on the board of directors for Rocketfuel Productions Inc., a privately held company in the internet multi-media business, Foundation Equity and Foundation Ventures GP Inc.Mr. Glubish has been a director of Preo since February 2005.
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Preo announces that an aggregate of 2,125,000 incentive stock options have been granted on December 10, 2009 to officers, directors, consultants and employees at an exercise price of
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Each issued and outstanding Preo Share, including the Preo Shares to be issued under the conversion of the Second Convertible Debenture, will be exchanged for one (1) Amalco Share, at a deemed price of $0.20 per share;
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Preo customers have achieved significant cost reductions through the deployment of Printelligence's patented PKMS Rules Engine, which allows managers to monitor, educate and/or control the print function in their organization.
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"We appreciate Photizo providing Preo a platform from which to demonstrate the importance of what we call Print Optimization 2.0" said Randy Coates, Vice President of Preo Software.
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Preo is authorized to issue Class "A" common shares (the "Preo Shares") and an aggregate of
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Mr. Mazumdar will share how Preo customers have deployed Printelligence ™ (Preo's flagship product) to achieve these goals.
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The parties shall enter into a definitive form of amalgamation agreement containing the terms of the LOI and other customary terms as are reasonably required by counsel to Karel and Preo and in such form as is mutually agreeable to the parties;
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