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by Stockwatch Business Reporter

The TSX Venture Exchange gained 3.75 points to 538.06 Friday, ending the week up 7.27 points. Aly Nazerali's halted shell, Multivision Communications Corp. (MTV), has signed a definitive deal for its acquisition of ZoomAway Inc., a Nevada company that owns a website for booking hotels and vacation activities. Multivision, which has 15,156,296 issued shares, will issue 6.2 million shares (previously 8.2 million shares) to the target's shareholders and pay $10,000 (U.S.) a month for 36 months to the target's debtholders. The shell will also allocate up to 16 million shares to be issued over the next four years to the resulting issuer's directors, officers, employees and consultants, depending on whether the company meets revenue and operating income targets. Multivision will change its name to ZoomAway Travel Inc. on closing of the acquisition.

As of Sept. 30, 2015, Multivision had advanced $341,549 to ZoomAway Inc. The loan is secured by the target's website and software assets. ZoomAway Inc.'s majority shareholder is Steve Rosenthal's corporate consulting company, GR Solutions LLC. According to Mr. Rosenthal, his GR Solutions offers "strategies developed at the highest levels in the land." Mr. Rosenthal is also the chief financial officer of Silver Voyages, which runs a call centre in Nevada that books reservations for hotels, golf courses and other vacation activity venues. Silver Voyages also provides software for hotel and vacation booking websites. It counts ZoomAway Inc. as one of its clients. Evidently a man of diverse skills, Mr. Rosenthal was previously the president of DryVac Services Canada Inc., an oil services dewatering company in Calgary.

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