KEAYDIAN
- 20 May 2006 13:44
Freeplay has developed patented technology that enables exerted human energy to be captured, stored and delivered in an electrical form to power a range of electronic devices. Freeplay seeks to create, develop and supply the market for self-powered energy products internationally.
KD.
KEAYDIAN
- 20 May 2006 13:47
- 2 of 2
Trading in the shares of Freeplay Energy was halted after the company announced it had agreed to buy Barrett Marketing in a reverse takeover. The sustainable energy company did not reveal the financial details of the purchase, but said that its completion was dependent on gaining adequate funding. The deal would make for an excellent fit. Barrett's wholly owned subsidiary, Dixie Sales, is an established sales, marketing, distribution and customer service based operation, that already provides services for all of Freeplay's products in North America. Shares were suspended at the open of play, and were thus untraded and unchanged at Wednesday's close of 31p.
KD.