OIP..........New name - brighter future

Hope one and all had a very merry Xmas.

In the series B funding round of $1.6M, OIP contributed $405k and all loans were converted to equity. Thus leaving OIP with 41.43% of Vialogy.

Does anyone know out of interest.

1) Did Aeris provide the rest of the funding for series B( the bulk of it), or are there other 3rd parties involved now?

2) With some $5.0m cash available to OIP and intentions to very probably provide further funding to Vialogy, why did they not participate much more heavily in the series B funding round?

3) What percentage of Vialogy does Aeris now own?


I am looking forward to a better time for OIP in 2006.