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  4. Aluf Holdings, Inc. (AHIX) Message Board

Future Plans (from Q3). "On November 10, 2017,

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Post# of 1221
(Total Views: 109)
Posted On: 12/28/2017 8:56:51 AM
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Posted By: AJH92
Future Plans (from Q3).

"On November 10, 2017, the Company entered into a Non-Binding Letter of Intent (LOI) to acquire all of the capital stock of a developer of biometric authentication technologies and products and web-based app solutionsfor device and enterprise security gateways. The Company’s biometric platform is poised to develop products and applications that meet multiple
industry needs including Defense, Financial Services, Health Care, Manufacturing, Legal and Criminal Justice. Under the terms of the Letter of Intent (LOI) the definitive purchase agreement must be fully executed on or before December 31, 2017."

"On November 16, 2017, the Company issued an Offer Letter to a candidate for the CEO position. The candidate has an extensive and successful career in the technology vertical and has interfaced with some of the largest global financial institutions, venture capital firms, mutual funds, and private investors, underwriting multi-million-dollar projects. Details of the Employment Agreement are currently under negotiations."


Keep on watch throughout 2018 to add "just-in-time" if interested.


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