Acquisition Media, Inc. to Acquire ActionView Advertising Systems, Inc.Business Editors POINT ROBERTS Point Roberts, uninc. town (1990 pop. 750), Whatcom co., NW Wash., on the Strait of Georgia near the tip of the Point Roberts peninsula, extending south from British Columbia, Canada, and separated from the Washington mainland by Boundary Bay. , Wash.--(BUSINESS WIRE)--June 18, 2003 Acquisition Media, Inc. ("Company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : IRPC IRPC Immigration Reception and Processing Centre (Australia) IRPC International Research Promotion Council (Kerala, India) IRPC International Rural Poultry Centre IRPC Indoor Radio Propagation Channel ) today is pleased to announce that it has signed a Letter of Intent for the acquisition of ActionView Advertising Systems Inc. ("ActionView"), a marketer and franchiser of sophisticated backlit An LCD screen that has its own light source from the back of the screen, making the background brighter and characters appear sharper. scrolling poster billboard signs to local and international audiences. Founded in 1999 and located in Vancouver, ActionView has placed signs in locations throughout Canada and internationally, including, Australia, Dubai and the U.S.A. The billboard signs, which feature brilliant illumination combined with motion, are protected by patent applications filed by ActionView. The Company markets the billboard sign products in three ways: 1. Profit sharing profit sharing, arrangement by which employees receive, in addition to their wages, a share of the net profits of a business. The purpose is to give them an incentive to increase their output through enhanced morale, less wasteful use of materials, better care of arrangements with site owners at locations where the billboards can be placed; 2. Sales of franchises and signage products to regional franchises which serves to reinforce the Company's core advertising business; 3. Outright end user sales of the ActionView sign products. Senior management includes Mr. Rick Mari and Mr. Chris Stringer, both with many years of manufacturing, marketing and franchise operations experience. It is proposed that Rick Mari and Chris Stringer will join the board of directors of the Company on closing of the acquisition of ActionView. The transaction is subject to both parties completing their due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. . On behalf of the Board of Directors of Acquisition Media Inc. Richard Wilk, President |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion