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by Stockwatch Business Reporter

The TSX Venture Exchange added 4.36 points to 547.04 Thursday. Michael Withrow's halted NEX shell, Bi-Optic Ventures Ltd. (OP), plans to acquire LED lighting equipment and other assets from Robert Huston and two private Vancouver companies of which Mr. Huston is a director.

Bi-Optic, which has 12,842,009 shares outstanding, will pay $60,000 and issue 1.5 million shares to the vendors. Bi-Optic will become a seller of LED lights, targeting retail consumers, government agencies and, it says, the agricultural industry. By now, investors understand "agricultural industry" to mean marijuana, especially when lights are involved. Bi-Optic does not specifically outline all the assets it is acquiring from Mr. Huston, but it could include LEDCanada.com, a website he founded five years ago that sells all sorts of LED lights. Before founding LEDCanada.com, he spent five years as a sole proprietor renovating hotels, and before that he worked for 15 years freelancing as a camera operator and lighting specialist for sporting and music events in Vancouver. Mr. Huston will join the board of Bi-Optic and become the new chief executive officer if this deal closes. It will be his first time managing a public company in Canada.

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