Something about this comment doesn't lead me to believe there was much of any cash exchanged...could be wrong.
Michael Dinkins, President of SUI commented, "The timing is perfect for us to turn over our fixed wireless assets to Omnicity and we have full confidence in their ability to deliver on their business model. We believe in their plan so much that we have chosen to move our assets into an equity investment in Omnicity." Best, Brad -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Marco Coelho Sent: Tuesday, October 20, 2009 10:43 AM To: WISPA General List Subject: Re: [WISPA] WISP BUY OUT ummmmm CASHHHHH On Tue, Oct 20, 2009 at 10:40 AM, Robert West <[email protected]> wrote: > I'm sure the lump sum of cash helped the "We wanted out of this business" > along. > > > > -----Original Message----- > From: [email protected] [mailto:[email protected]] On > Behalf Of Josh Luthman > Sent: Tuesday, October 20, 2009 11:31 AM > To: WISPA General List > Subject: Re: [WISPA] WISP BUY OUT > > URL broke on my GUI. > > http://tinyurl.com/ykr9lse > > When I read > "The timing is perfect for us to turn over our fixed wireless assets to > Omnicity..." > I saw > We wanted a) out of this business or b) a lump sum of cash > > > Josh Luthman > Office: 937-552-2340 > Direct: 937-552-2343 > 1100 Wayne St > Suite 1337 > Troy, OH 45373 > > "When you have eliminated the impossible, that which remains, however > improbable, must be the truth." > --- Sir Arthur Conan Doyle > > > On Tue, Oct 20, 2009 at 11:27 AM, Chuck Profito > <[email protected]>wrote: > >> Full article at: >> >> > http://www.reuters.com/article/pressRelease/idUS202228+19-Oct-2009+GNW200910 >> 19 >> >> >> RUSHVILLE, Ind., Oct. 19, 2009 (GLOBE NEWSWIRE) -- Omnicity Corp >> (OTCBB:OMCY) -- >> the Midwest's largest fixed Wireless Internet Service Provider (WISP), >> continues >> forward with its plan to become the premier consolidator in the WISP >> industry by >> signing a Letter of Intent with the wireless division of Solutions >> Unlimited, >> Inc. ("SUI") of New Castle, Indiana. Doing business as "Midwest WISP", SUI >> represents the next of several acquisitions Omnicity plans to announce >> during Q4 >> of 2009. Greg Jarman, CEO of Omnicity, stated, "We are pleased to have >> worked >> out a great deal for both Midwest WISP and Omnicity and look forward to >> bringing >> their subscribers and infrastructure into the fold. This acquisition adds >> another important set of assets and an ongoing local marketing presence to >> our >> eastern border." >> >> >> >> >> > ---------------------------------------------------------------------------- > ---- >> WISPA Wants You! Join today! >> http://signup.wispa.org/ >> >> > ---------------------------------------------------------------------------- > ---- >> >> WISPA Wireless List: [email protected] >> >> Subscribe/Unsubscribe: >> http://lists.wispa.org/mailman/listinfo/wireless >> >> Archives: http://lists.wispa.org/pipermail/wireless/ >> > > > ---------------------------------------------------------------------------- > ---- > WISPA Wants You! Join today! > http://signup.wispa.org/ > ---------------------------------------------------------------------------- > ---- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > > ---------------------------------------------------------------------------- ---- > WISPA Wants You! Join today! > http://signup.wispa.org/ > ---------------------------------------------------------------------------- ---- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -- Marco C. Coelho Argon Technologies Inc. POB 875 Greenville, TX 75403-0875 903-455-5036 ---------------------------------------------------------------------------- ---- WISPA Wants You! Join today! http://signup.wispa.org/ ---------------------------------------------------------------------------- ---- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
