InDigiNet Issues LOI To Buy Up To 25% GaeaCare

HostReview.com
Wednesday, December 8, 2004; 12:34 PM

InDigiNet, Inc., (www.indiginet.com), a provider of managed communication solutions for Small to Mid-Size Enterprises (SMEs) in the United States announced that the Company has issued a revised Letter of Intent for the purchase of up to 25% of GaeaCare Syndicate Partners, Inc. of
San Francisco, California.
 
"Dr. Daniel McGrath of Nu Image MedSpa has requested that we reopen our talks with GaeaCare in terms of a 25% equity purchase," stated InDigiNet CEO Mark Ellis. "With our Business Development Company status, we now have greater flexibility as to how we invest in other companies as well as how we will fit them in our corporate structure."

Ellis further stated, .The spotlight shines ever brighter on the war against terrorism.  On October 18, 2004, President George W. Bush signed HR 5467 in the Oval Office, The Department of Homeland Security Appropriations Act for the fiscal year 2005.