GSBC becoming Digicurve??? Or … something …
March 20, 2007 by Dave Haynes
Put on your decoder rings and see if you can figure this one out:
Bangkok, Thailand (PRWeb) March 20, 2007 — Digital Signage specialist GSBC Global today has successfully negotiated an LOI to become listed on the NASDAQ’s Over-the-Counter Bulletin Board. The founder of GSBC Global, Mr Ronald Flynn, worked with Digicurve Inc. to enter into the letter of intent to complete an asset purchase of GSBC Global Inc.
GSBC Global announced that it has been acquiring key technologies and assets for the past 6 months and the company now has a stable of digital signage products including software, hardware and content specialists.
Mr Flynn added “Our acquisitions have world class products that will be the springboard of our initial growth, particularly because we have brought along highly experienced teams of senior executives and staff, many of whom have been world leaders in the digital signage sector, enhancing the existing business of Digicurve”.
It is intended that upon closing that Ron Flynn would step down from the operational side of GSBC Global and from the interim Board. It is anticipated that the management team of Digicurve – including Mr. Greg Brown – will be joining the GSBC Global executive team.
As I have conceded previously, I don’t know a whole bunch about the machinations of the market and M&A activity. It kinda, sorta looks like GSBC is being rolled into a company called Digicurve, which already has a NASDAQ OTC listing, albeit dormant.
That’s also about all it has.
The website is three words, and the company is based in Las Vegas, according to SEDAR.
2764 Lake Sahara Drive, Suite 111
Las Vegas, Nevada 89117
That said, and assuming the projections are accurate (and they must be … right???), DigiCurve or whatever the handle will be a $540 million company by next spring.