Item 1.01. ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT.
Liska Biometry, Inc. (the "Liska") entered into a Letter of Intent dated as of
December 19, 2005 with Digital Card Systems, Inc. ("Digital Card") regarding
Liska's acquisition of all of the issued and outstanding capital stock of
Digital Card, subject to certain adjustments at the closing of the acquisition,
plus assumption of certain related costs and expenses. The Letter of Intent is
subject to various conditions and approvals and contemplates that the
acquisition would be effected through the merger of Digital Card with and into
Liska or through a share exchange of all of the outstanding shares of Digital
Card in exchange for 25 million shares of Liska, with Liska as the surviving or
parent corporation in the merger. A copy of the Letter of Intent is attached as
Exhibit 10.1 to this Current Report on Form 8-K.
On December 21, 2005, Liska shall issue a press release (the "Press Release")
regarding the execution of the Letter of Intent. The Press Release is attached
as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
10.1 Letter of Intent between Liska Biometry and
99.1 Press Release dated December 21, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: December 21, 2005
Liska Biometry, Inc.
By /s/ Chris LeClerc
Chris LeClerc
President and Director
INDEX TO EXHIBITS
Exhibit No.
10.1 Letter of Intent between Liska Biometry, Inc. and Digital Card Systems,
Inc.
99.1 Press Release dated December 21, 2005