CARN Carbon Credits International, Inc. (OTC: CARN) doing business as TextADay (www.textaday.com), is pleased to announce that it has entered into a Letter of Intent to acquire certain assets , including revenue, of Six Sigma Services, Inc. (“Sigma”) in exchange for up to 15,000,000 shares of common stock of the Company to be issued upon Sigma achieving certain revenue benchmarks up to $1,000,000.
Pending final approval by the companies’ Board of Directors and mutual satisfaction of legal and financial due diligence, the parties anticipate entering into a definitive agreement no later than May 31, 2013.
States CARN CEO, Greg Lambrecht, “As businesses look more and more to simplify consumer payment solutions toward an increase in overall accessibility and sales volume, the online and mobile payment services market continues to grow. Mobile payments in the U.S. alone amounted to $59 billion dollars in 2011 and we’re thrilled to be expanding our own offerings via this transaction .”
Juniper Research, a company that specializes in the identification and appraisal of high growth opportunities in various mobile telecommunications and applications sectors, put out a publication on July 5, 2011, titled " Mobile Payment Strategies." In this article, Juniper predicted worldwide mobile spending would see a significant increase between 2011 and 2015 from $240 billion to $670 billion in 2015. “We’re thrilled to have a stake in this, and bringing Sigma into the fold only increases our potential for additional near-term revenues and continued long-term growth,” concludes Lambrecht.
Additional details are forthcoming.