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by Stockwatch Business Reporter

The TSX Venture Exchange fell one point to 670.58 Friday, ending the week down 8.8 points. Ron Schmeichel's halted capital pool shell, Mira VI Acquisition Corp. (MVI), will soon close its acquisition of Perk.com Inc. The shell will roll back 1:41.6667, leaving it with 300,000 postconsolidated shares, and then issue 17,864,605 postconsolidated shares plus 2,158,474 restricted voting postconsolidated shares to the shareholders of Perk.com. Mira VI will change its name to Perk.com Inc. and resume trading on or about July 15 under the ticker symbol PER.

Perk.com is an app-maker with 12 apps, all of which offer rewards known as Perk points to its users. If so inclined, you can browse the Internet using a Perk browser, shop on-line, play games and so on, and each time you use the apps you earn points that can eventually be redeemed for gift cards (Amazon, Starbucks, Banana Republic and other retail stores are currently participating). The company targets millennials and stay-at-home moms. It says that since inception there have been over 4.5 million downloads of its apps, and users have redeemed Perk points totalling more than $10-million worth of rewards. Perk.com also recently launched its Appsaholic software development kit, which allows businesses to embed Perk.com's rewards software into their own apps and websites. For its efforts, in the fiscal year ended Dec. 31, 2014, Perk.com earned $63,569 on revenue of $17.14-million. Investors have also shown an interest in this deal. Last month, Perk.com sold four million subscription receipts at $6.25 to 122 subscribers, mostly in Ontario, in a $25-million private placement. The receipts will convert into postconsolidated shares of Perk.com when the QT closes.

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