Business
NETOY.COM CORP ANNOUNCES THAT THE AGREEMENT TO ACQUIRE SAFEPAY SOLUTIONS, INC HAS BEEN SIGNED
NETOY.COM CORP ANNOUNCES THAT THE AGREEMENT TO ACQUIRE SAFEPAY SOLUTIONS, INC HAS BEEN SIGNED.
About this update from Broadside Enterprises, Inc.
[{"type":"text","content":"Netoy.com Signs Agreement to Acquire Online Payment Processor\r\nSafePay Solutions, Inc.\r\n\r\nFAIR OAKS, Calif., January 25, 2006 -- Netoy.com (OTC: NTOY) is proud to announce that the agreement to acquire SafePay Solutions, Inc. for convertible preferred stock of Netoy.com,to be authorized by Netoy.com shareholders, has been signed. The terms and conditions of the agreement may be substantially amended and/or modified based upon the results of audited financials statements of the parties and/or various other factors.\r\n\r\nMatt Bardasian Jr., President of Netoy.com stated, \"We are very excited about this major step taken and anticipate announcing shortly expected market opportunities that SafePay Solutions, Inc. will have as a online payment processor.\"\r\n \r\nAbout Netoy \r\n\r\nNetoy.com was one of the first online toy companies. In late 2004 Netoy began taking steps to restructure its operations and explore new ways to impact the toy industry. Since that time, the company has totally changed its management team and taken many steps towards refining its business model. The existing Netoy.com retail site, which has allowed the company to experiment with new ways of generating traffic efficiently, currently carries a variety of preschool toys and preschool activities. \r\n\r\nMore information about Netoy can be found at:\r\n\r\nhttp://www.netoy.com\r\n\r\nAbout SafePay\r\n\r\nAs an online payment provider, SafePay Solutions brings you the highest level of security, convenience, and speed of any online payment system. Our solutions for business and consumers all the around the world are innovative, secure, and cost-effective. With SafePay Solutions, anyone with an e-mail address can send and receive payments, while merchant and corporate clients can conduct business with our vast array of financial management tools.\r\n\r\nMore information about SafePay Solutions can be found at:\r\n\r\nhttp://www.safepaysolutions.com\r\n\r\nNotes about forward looking statements \r\n\r\nExcept for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. \r\n\r\nCertain Statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform ...