The second level of business opportunities for my software S-Corp, Newbound, Inc., just picked up its pace today with this announcement on Yahoo. Congratulations to my friend and partner, Marc A. Raiser, for bringing me on as President in October 2007. 🙂
“EAST LANSING, MI–(Marketwired – Dec 10, 2014) – Blink Technologies, Inc. (OTC PINK: PUNK) today announced that it has entered into a Letter of Intent with Newbound Inc., a software developer of a proprietary secure peer-to-peer technology platform. Blink states that its goal is to move to a definitive agreement with Newbound, Inc. to acquire the company and its technology as soon as is practicable.
“Blink’s foresight and commitment to the market, combined with their significant consumer channel development experience, is very compelling to us,” said Newbound CEO Marc Raiser. “We are an engineering and development group and have been looking for the right consumer product company to partner with to bring our next generation technology to market,” stated Raiser. “Considering all factors, Blink was the right choice for us,” he added.”