ok, so here we go. horizon sent me what is supposed to be the mail they sent out to shareholders:

Dear Mr. xxxxxx
We are pleased to announce that Solar Integrated Technologies Corporation has
entered into an agreement to merge with SBS Interactive Co. as of April 1, 2017. This
conglomerate merger will continue conducting its business with the name of the
surviving corporation, Solar Integrated Technologies Corporation.
Aside from engaging in the several diverse industries since our founding, SBS
Interactive Co. has been rendered a pioneer in the wireless technology industry in the
United States. Over the years, we have continually funded and developed technology in
Wireless Integrated Systems, Wireless UPS Systems, and Wi-Fi Solar power
technology. As a result, we currently own 26 Utility and Design Technology Patents in
the US, China, Oceania and Europe.
Solar Integrated Technologies Corporation shares the same values as us. Founded
in 1995, they have 140 staff based in 12 offices around the world. Through their
extensive Research and Development programs, they have produced technology that
greatly optimizes the efficiency of Photovoltaic (PV) material in their Solar-powered
products while decreasing manufacturing costs to a minimum. This enables them to
provide and sell cost-effective but highly-reliable solar products to their customers. In
2016, their company and partners have sold over $2.4 Billion USD worth of products.
Because of their impressive growth, they have been granted approval for an Initial
Public Offering in the Tokyo Stock Exchange on October 30, 2017.
We have decided to seek a merger with Solar Integrated after we received an
unsolicited proposal from them in July 2016. This merger allows them to integrate the
Patented Technology that we own into the exciting and innovative products that they are
currently developing in their pipeline.
By 2020, the Merger will be launching Smart TV’s, Wi-Fi Routers, Wireless UPS
Systems, and Wireless Outdoor Solutions all running through solar power. These are all
made possible because merging with our company effectively enables Solar Integrated
to co-own, use and fully integrate our 26 Technology Patents into their products.
The Proposal for the Merger was voted upon during our Shareholders meeting in Los
Angeles, California last March 27, 2017. We are writing to notify you that we have
received the required vote of our Shareholders to approve the merger.
In this relation, we want to inform you that since we have not received your Voting Proxy
Card during the Shareholders meeting, your vote was automatically voted as “Abstain”.
Abstaining from the vote signifies that the Shareholder is not in favor of the merger and
that he or she is automatically categorized as a Dissenting Shareholder.
Under the California law, Dissenting shareholders have the right to receive a cash
payment for the fair-market value of their share, in the event of a share-for-share
merger or acquisition. Aside from this, Dissenting shareholders also have the right tochoose to be a part of the Merger by going through the set legal process of cancelling
shares in his or her previous company and subsequent enrolment in the Official
Register of Shareholders of the New Company.
These rights are all indicated on the “Notice of Approval of Merger” that we are sending
separately following this email. Please take time to review the said Notice and weigh in
your options on how to exercise your Dissenter’s Rights.
As I write this letter, I am confident that a corner appears to have been turned, with
2017 promising to provide real contracts that translate into real revenue. It is therefore
my privilege to encourage you to join us and forge ahead with Solar Integrated. Should
you heed our advice, please contact our Authorized Administrative Agents so they can
provide you with the Shareholder Enrollment Form for your perusal.
Please also note that due to the sheer volume of emails that we have been receiving
recently and because of the non-disclosure conditions of the Merger Agreement that
has been signed, ALL replies to this email message shall be forwarded to our
Administrative Agent’s email account.
Should you have further inquiry, you may contact:
Authorized Administrative Agents:
Horizon Capital Fund LP
75 Maiden Lane Suite 215
New York, NY 10038
+1 347 537 5748
shareholders@horizon-cap.net
Thank you.
Respectfully,
Todd Gotlieb
President & CEO
SBS Interactive Co.