AlphaPoint Technology, Inc. cancelled the acquisition of Ncompass Solutions, Inc.
AlphaPoint Technology entered into an agreement to acquire N'compass Solutions for $3.18 million in stock on December 19, 2014. AlphaPoint Technology will issue 127.8 million shares. N'compass will operate as a wholly owned subsidiary of AlphaPoint and will keep its base of operations in Minneapolis. The N'compass leadership team will remain in their current positions. In addition, N'compass President and Chief Executive Officer, Chris Flaherty and Chief Information Officer, Chris Pinc will join the AlphaPoint Board of Directors and take on the roles of AlphaPoint President and Chief Information Officer respectively. Further, Kristi Paul will join the AlphaPoint leadership team as Chief Marketing Officer and Keith Meierhofer will serve as Vice President of Consulting and Special Projects.
AlphaPoint Technology, Inc. (OTCPK:APPO) cancelled the acquisition of N'compass Solutions, Inc. on April 14, 2015. Christopher Flaherty and Christopher Pinc, tendered their resignations from the AlphaPoint Board of Directors. On March 13, 2015, Keith Meierhofer tendered his resignation as Vice President of Consulting and Special Projects. Gary MacLeod was reappointed as President of AlphaPoint. Macleod will remain as Chief Executive Officer of AlphaPoint. AlphaPoint Technology completed the acquisition of N'compass Solutions on December 23, 2014.