AlphaPoint Technology, Inc. (OTCPK:APPO) signed a non-binding letter of intent to acquire Strategy To Revenue Limited for $5.7 million on August 13, 2015. Under the term sof the agreement, AlphaPoint Technology, Inc. will issue 58.1 million shares to the shareholders of Strategy To Revenue as a consideration and will appoint two positions on AlphaPoint's Board of Directors. STR will hire Dominic P. Jones as President and Chief Executive Officer and Jones will join the AlphaPoint Board Directors. Rodney Jones, Chairman, of STR will retain his role of STR Chairman and will also join the AlphaPoint Board of Directors. If after a period of due diligence all terms and conditions are agreed and conditions to closing are met, definitive agreements would be executed. The deal is approved by AlphaPoint Technology, Inc. Upon closing, Strategy To Revenue would become a wholly owned subsidiary. The deal is expected to be dilutive to existing shareholders.

AlphaPoint Technology, Inc. (OTCPK:APPO) completed the acquisition of Strategy To Revenue Limited on October 14, 2015.