StockProfile.com provides the investing public with a unique information portal for investors who like to conduct their own research as well as make their own investment decisions. The StockProfile.com platform allows users to discover dynamic publicly traded companies in a free, user-friendly environment.
SPnewsWire.com (powered by StockProfile.com) is a web portal displaying public news and information issued by, or related to, the companies that have displayed on the StockProfile.com platform.
StockProfileTV.com (powered by StockProfile.com) is a new website displaying certain videos related to publicly traded companies displayed on the StockProfile.com platform.
“This Letter of Intent to acquire StockProfile.com and its related web properties provides valuable assets to the Company and helps our overall strategy of making QED more diversified and dynamic,” commented Tom Makmann, CEO of QED Connect. “The cross marketing potential with the public companies on the StockProfile.com platform provides an additional area which QED plans to exploit for its long term benefit. We are excited about the opportunity to acquire a strong media platform such as StockProfile.com.”
The companies expect to finalise a definitive agreement by April 4, 2011. Terms of the deal were not disclosed.
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