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by Stockwatch Business Reporter

The TSX Venture Exchange gained 1.92 points to close at 593.88 Monday. Richard Buzbuzian's second capital pool shell, Buzbuz Capital Corp. (BZBZ: halted), plans to acquire Illuma-Drive Inc. for the shell's qualifying transaction. The shell, which has 9.5 million shares issued, will issue up to 80 million shares to its target's shareholders and debenture holders.

Illuma-Drive was formed in Burlington, Ont., in 2014. It has since developed an electricity management system, which it released in 2017. The system, called Cense, is a digital control panel for the distribution of low-voltage electricity in a house, an office or a recreational vehicle. Cense can take power from an electrical grid, from a solar or wind power source, or from a battery. It then distributes the power. At the moment, Cense is capable of distributing power only to LED (light-emitting diode) lamps and fixtures. Illuma-Drive says that LED lamps powered through Cense are more energy efficient than LED lamps that are simply connected to the power grid. Cense's functions include controlling the dimming of lights.

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