SAN DIEGO, Feb. 27, 2013 /PRNewswire/ -- VOIS, INC. (OTCQB- VOIS) announces that it has entered into a Letter of Intent with Mind Technologies, Inc. (MTEK) to purchase 100% of the assets of MTEK. The Company has agreed to the acquisition in order to secure ownership of all BCI/ thought-controlled technology developed and being developed by the Company.

In exchange for the assets of MTEK, the Company will issue to MTEK shares of its common stock. The number of shares issued to MTEK will be based on an independent valuation to determine the fair market value of the assets purchased. The Company expects to close the transaction no later than March 15, 2013, which is subject to the execution of a definitive purchase agreement by the parties.

On December 18, 2012, the Company entered into a License Agreement with MTEK and secured a non-exclusive license to use and develop MTEK's existing thought-controlled software applications. The Company has since determined it is in the best interest of its stockholders to acquire 100% ownership of these assets, as it continues to develop and improve the technologies.

"We are pleased to reach an agreement with MTEK that will give us 100% ownership of the key software assets for BCI/thought-controlled technology," stated Kerry Driscoll, Chief Executive Officer of the Company. "By owning all hardware and software in this market that have been developed over the past five years, we feel we will have the infrastructure to become a leader in the rapidly growing BCI industry. The Company's development of our mobile EEG headset and the patent process has reached new milestones. We will provide updates through our website in the near future."

Also wondering if there is a licensing agreement between the two companies should there not be royalties paid to Mtek. That is what usually happens in that situation.

But if there was a merger between the two, why the licensing agreement.

Does not seem like you can have it both ways.

Still very confusing.

Is it just me? But a Licensing agreement is not what I thought of when I heard they would merge.

But I guess it has to be helpful to the overall company.

Does'nt our stock ownership stay the same and Mtek is getting the 7 million shares ?

A little confused.

Yahoo finance took the .PK off MTEK. Are we off the Pinks?

I agree, will hold also. Been in out over the past few years, but still believe in the company. So I'm keeping what I have.

But some news would be nice. I'll take good or bad news, at least I would know whats going on.

Been way to quiet, Not even predictions on what people think might happen. A few private messages listed ( not knowing, that just makes me nervous, always think its bad news)

But like you, I'm in for the long haul.

Good Luck

Showing trade of 1000 sh. up not down, good start, hope it stays that way. Still a little nervous.