Peoplesway.com Inc. (OTCPK:PLWY) signed a memorandum of understanding to acquire Idea WebCatcher Holdings, Inc. from two officers and directors of Peoplesway.com Inc. for $10 on June 2, 2014. Idea WebCatcher will continue to operate under the same name as a wholly owned subsidiary of Peoplesway and will report its financials on a consolidated basis. Under the terms of memorandum of understanding, a closing date is scheduled for June 25, 2014.


Peoplesway.com Inc. (OTCPK:PLWY) completed the acquisition of Idea WebCatcher Holdings, Inc. on July 9, 2014.