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GRDC completed its acquisition of WWDI through the issuance of 20 million shares of its common stock to Imaginon, bringing the total number of GRDC shares outstanding to slightly less than 25 million shares. According to Imaginon Chief Executive Officer David Schwartz, and GRDC President Stephen Siedow, GRDC has filed an information statement (14F-1) regarding this transaction with the Securities and Exchange Commission. OTCBB: IMON) today jointly announced that GRDC has executed a letter of intent (LOI) concerning the acquisition of Imaginon's wholly-owned subsidiary corporation, Wireless Web Data, Inc. |
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