Saturn IQ plc, MLS Business Centre Level 1, 499 Silbury Boulevard Milton Keynes MK9 2AH UK TEL +44 1908 374732 Fax +44 1908 374733 RE : HEADS OF TERMS RE AGREEMENT TO ACQUIRE DATED 4 July, 2006 and 15 December , 2006 From: Saturn IQ plc. (“Saturn IQ”)...
Exhibit
99.3
- Letter
of cancellation re previous heads of terms to acquire Saturn IQ.
Saturn
IQ plc,
MLS
Business Centre
Level
1, 000 Xxxxxxx Xxxxxxxxx
Xxxxxx
Keynes MK9 2AH
UK
TEL
x00 0000 000000
Fax
x00 0000 000000
RE
: HEADS OF TERMS RE AGREEMENT TO ACQUIRE DATED
4 July, 2006 and 15 December , 2006
From:
Saturn IQ plc. (“Saturn IQ”)
To:
visionGATEWAY, Inc. (“VGWA”)
Date
:
27th
April
2007
Dear
Sirs,
We
refer
to the Heads of Terms re agreement to acquire Saturn IQ plc and related
companies that was signed on 4 July, 2006 and 15 December, 2006.
We
wish
to confirm that, by mutual agreement, it has been decided not to continue with
the acquisition of Saturn IQ by visionGATEWAY. Accordingly the Heads of Terms
referred to are deemed to be cancelled.
Yours
faithfully,
sgd
Xxxx
authorised for and on behalf of Saturn IQ plc.
We
confirm that the Heads of Terms referred to have been cancelled.
sgd Date:__________________________
Xxxx
authorised for and on behalf of the visionGATEWAY, Inc.