Strategic Internet Investments Inc. (OTCPK:SIII) signed a letter of intent to acquire various properties from Anujum Ahmed, Nik Nak International Ltd., Utocroft Ltd, ISIS Properties UK Ltd., Cheshire Homes UK Ltd., Zahid Sarwar, and other shareholders on August 20, 2012. Strategic Internet intends to fund the acquisition of the assets by securing funding by way of equity and or debt financing. The transaction is subject to due diligence investigation.