First Corporation and Gecko Landmarks Extend Option Agreement

By on    Hardware  

LONDON — (Marketwired) — 07/05/13 — First Corporation-s (OTCBB: FSTC) $1m investment for 10% of Gecko Landmarks in June 2012 included an Option Agreement to purchase an additional 23% equity interest. First Corporation and Gecko Landmarks have recently extended their Option Agreement to August 31, 2013.Currently, Gecko is focusing on business development in Africa before moving into the rapidly expanding and lucrative Asian markets.The Companies are also in discussion about how First Corpora

First Corporation Announces the Option to Purchase Additional 23% of Gecko Landmarks Is Extended Until December 15

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TORONTO — (Marketwire) — 12/04/12 — First Corporation (OTCBB: FSTC) announces the option to increase the Company-s investment in Gecko Landmarks has been extended. Under the terms of the original Agreement, First Corporation acquired an initial 10% equity interest in Gecko at an aggregate subscription price of $1m. An option that allows First Corp. to purchase an additional 23% equity interest in Gecko within six months at an aggregate subscription price of $3.45m has been extended to Decemb

First Corporation Announces Gecko Landmarks Limited Executes Securities Subscription and Option Agreement

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LONDON — (Marketwire) — 04/13/12 — First Corporation (OTCBB: FSTC) is pleased to announce that Gecko Landmarks Limited has executed the Securities Subscription and Option Agreement. Gecko is the producer of highly innovative global landmark data and related software technology. First Corporation looks forward to completing the investment at the earliest possible opportunity, subject to SEC examination for complianceUnder the terms of the Agreement, First Corporation will acquire an initial

First Corporation Announces Agreement Between Gecko Landmarks and Private Trading Systems to Augment Due Diligence Accelerating Acquisition of 10% Equity Stake in Gecko

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LONDON — (Marketwire) — 07/21/11 — First Corporation (OTCBB: FSTC) announces brokering an agreement between Gecko Landmarks Ltd. and Private Trading Systems PLC to jointly enhance Gecko-s AtLAS Advanced Landmark Acquisition System product line. The entire specialist IT team from Private Trading Systems will immediately join the Gecko IT team and report to First Corporation. An advantage to First Corporation, the agreement is intended to augment the Company-s due diligence accelerating the ac

First Corporation Announces Interim Technology Report Confirms Gecko Landmarks Ltd. Has Developed Specialized Software Enabling Rapid Acquisition and Production of Quality Landmark Data

By on    Software  

LONDON — (Marketwire) — 07/15/11 — First Corporation (OTCBB: FSTC) announces an interim technology report from the IT team at Private Trading Systems confirms Gecko Landmarks Ltd. has developed specialized software enabling landmark acquisition. According to the report, Gecko has developed a software tool, AtLAS (Advanced Landmark Acquisition System), which enables the landmark acquisition process to be carried out reliably without having to visit the location. AtLAS, the key software asset