Hm, curiouser and curiouser. Platinum Studios Announces It Is in Negotiations to Acquire WOWIO, LLC. Notice this is not an announcement that Platinum is BUYING Wowio, just an announcement that they are talking about doing it. Given the state of Platinum’s cash flow these days (as shown by the SEC filings) their acquiring any business is surprising. PR in the link, but this is our favorite line:
Final deal terms between the parties have not been reached but the companies hope a transaction can be concluded early in the third quarter this year.