Artificial Life, Inc. announces an Equity Buyback for 6,400,000 shares, representing 6.21% of its issued share capital.
September 08, 2014 at 12:00 am EDT
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Artificial Life, Inc. (OTCPK:ALIF) announces a share repurchase program. Under the program, the company will repurchase up to 6,400,000 shares, representing 6.21% of its issued share capital from 3M Company, its former investor.
Artificial Life, Inc. is an incubator and investor, investment scout and business advisor. The Company focuses on technology areas, including mobile and wireless technology and content, Internet technology and content, Internet of Things, Augmented Reality, Virtual Reality, games, social networks, new media, interactive television, banking and finance software, artificial intelligence applications, genetic algorithms, neural networks, production optimization and logistics. It enables companies to find investment targets with a focus on Asia and Greater China, and Central Europe. It enables companies to enter new markets and enables them to raise funds for their expansion. The Company offers products, including Opus-M Version 2.0, MobileBooster, Opus-M Health, GluCoMo, Opus-M Health: Neurodermatitis, MoPA-TV, Opus-M Social, EcoChamp, ALife-PortfolioManager, SmartEngine and 3D Game Engine. It also enables due diligence and valuations of targets, as well as the analysis of businesses.
ARTIFICIAL LIFE, INC. 
