Action Products International, Inc. (OTCPK: APII) cancelled the acquisition of Core Wafer Systems, Inc.
August 19, 2018
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Action Products International, Inc. (OTCPK: APII) agreed to acquire Core Wafer Systems, Inc. on December 17, 2011. Action Products International, Inc. (OTCPK: APII) entered into a binding agreement to acquire Core Wafer Systems, Inc. on January 4, 2012.
Action Products International, Inc. (OTCPK: APII) cancelled the acquisition of Core Wafer Systems, Inc. on August 20, 2018. The transaction has been retroactively cancelled citing fraud and gross misrepresentation.
Aluf Holdings, Inc. operates as a holding company. The Company is engaged in acquiring, operating, and managing subsidiaries in the development and sale of software and technology solutions. Its Business Management Solutions Division provides diverse solutions of back-office, staffing, financial, and technology services. The Company is focused on acquiring and managing companies which are engaged in biometrics and cyber security, cloud-based software-as-a-services (SaaS), medical applications and in the software and technology industries. The Company also provides virtual income tax preparation, accounting, and advisory services for corporations, small businesses and high net worth individuals. Its subsidiaries include Tax Partners USA, LLC and Aluf Tech LLC. Its Aluf Tech, LLC. is a provider of diversified services, offering business solutions, technology solutions, and life solutions.
ALUF HOLDINGS, INC. 
