PARTA Dialogue Inc., an expert in Social Media and Social Learning for businesses, has announced its intention to completely acquire the GreenPod WEB platform in the coming weeks – subject to regulatory approval including that of the TSX Venture Exchange.
Parta Dialogue Inc. will complete acquisition of GreenPod Web platform in exchange for 810,000 Common Shares of Parta. In addition, Parta will pay 2000 € HT for expenses related to the platform remaining due. The Vendor, Robin Placet, is the director of Parta Dialogue SAS, a subsidiary owned at 90% by Parta Dialogue Inc, and as such is also an insider of Parta. The Vendor also agrees that its 10% stake in the share capital of Parta Dialogue SAS will be acquired by Parta for 500 € HT.
GreenPod.fr was conceived and developed by Web Me Up, a company specialized in producing web videos for brands. GreenPod.fr is a precursor in its field for two reasons. Its treatment of sustainability related news for the general public and its ultra-portable formats including a custom player for the Web, iPod and Smartphones. The core concept of the service is to deliver “green news” to subscribers wherever they are at. Reception of the service by mainstream media and brands marketing to green audiences has been positive from the start. After a year and a half of existence, GreenPod has become a hit with the blogging community in France. The acquisition of GreenPod will permit Parta to gain traction with social media communities based around sustainability discussions and multiply the delivery formats for its social media contents to reflect the new mobile nature of information browsing and sharing.