Homeland Integrated Security Systems Inc.: Homeland Integrated Security Systems Signs Letter of Intent to Acquire ActSoft
18th Oct 2005, 14:33 GMT
ASHEVILLE, NC (MARKET WIRE) Homeland Integrated Security Systems, Inc. (OTC: HISC) and ActSoft are pleased to announce that they have signed a mutual Letter of Intent for Homeland Integrated Security Systems to acquire 100% of ActSoft Inc. for $15 million cash or other consideration secured by common stock based upon $.50 a share registered in the SB-2 for the application and up list to the NASDAQ Bulletin Board.
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