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Early Market Standouts List AASI All Asia Licensing, Inc. Announces Acquisition of 51% Equity Interest in MoneyBar Technologies!

Publication: M2 Presswire
Publication Date: 08-JUL-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-8 July 2008-TheSubway.com: Early Market Standouts List AASI All Asia Licensing, Inc. Announces Acquisition of 51% Equity Interest in MoneyBar Technologies!(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:08072008

TheSUBWAY: Announces the following stocks to its Stock Market Standouts List: All Asia Licensing, Inc. (Pink Sheets: AASI), CitiGroup Inc. (NYSE: C), Universal Energy Corp. (OTCBB: UVSE), Dell Inc. (NASDAQ: DELL), Green Globe International, Inc. (OTCBB: GGLB), Wachovia Corp. (NYSE: WB).

All Asia Licensing, Inc. (Pink Sheets: AASI) yesterday announced the signing of a Memorandum of Understanding (MOU) to acquire an aggregate 51% equity interest in privately-held MoneyBar Technologies, Inc. of Vancouver, BC., subject to certain terms and conditions.

The MOU provides for the payment to MoneyBar Technologies of $6,936,000 in cash and the issuance of 6,936,000 shares of restricted common stock of All Asia Licensing. The MOU further provides a payment procedure for All Asia Licensing commencing with an initial payment of $250,000. In no event shall the final payment be later than May 4, 2009.

The MOU...

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