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Sunday, October 17, 2010

Monday's Play

GOIG - We initially alerted GOIG 3 weeks ago via-facebook as a technical bounce play when it was at a low price of .005. Since then, it ran to a high of .0068 before consolidating and closing at .0047 on friday. GOIG released significant news today stating that a LOI was signed between GOIP and Worldlink Group PLC (Frankfurt:WLO1 - News), a UK based public company, to acquire their US subsidiary that holds US rights for Worldlink's patented technology and platform.
Worldlink Group PLC (www.worldlinkits.com) processes and develops solutions to access real-time information by individuals and organizations over mobile telecommunications networks. It offers mobilmarkets, which facilitates download on a data set selected by the recipient. The company's process is used in the financial services industry; and other industries and activities, such as sports information services, transport data, external media reporting, medicine, as well as the mobilization of Internet portals. Worldlink Group PLC was founded in 1998 and is based in the United Kingdom.
Ike Sutton, GoIP Global CEO, commented, "This acquisition is subject to due diligence and customary closing conditions. GoIP will be acquiring this asset for convertible preferred stock. The acquisition, when closed, will increase the valuation of GoIP, provide substantial increase in revenues and licensing fees. The US value for the Patents held by Worldlink are currently being evaluated. This strategic relationship with Worldlink has numerous advantages for GoIP and Worldlink and their shareholders."
Neil Riches, Worldlink's Managing Director, said, "We're pleased with the proposed transaction and launching our program in the US. We have been very impressed by GOIG's technical capabilities and ambition to become a leading provider of wireless technologies. We are confident that our joint technology solution should enable GOIG and Worldlink PLC to profit in the fast-growing wireless space and beyond."
 The KINGZ feel that at .0047, this is a must entry point as news like this will send GOIG shares soaring yielding investors at least a 100% return as the share price could double tomorrow by the end of market hours. Take advantage folks, for news like this does not come often.

http://finance.yahoo.com/news/GoIP-Global-GOIG-Signs-LOI-to-iw-2212450007.html?x=0&.v=1

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