AlphaPoint Technology, Inc. (OTCPK:APPO) signed a letter of intent to acquire Safer Alarms, Inc. from Fundable LLC and others on December 12, 2016. Post acquisition Safer will become a wholly owned subsidiary of AlphaPoint. The transaction is subject to due diligence and if all the terms and conditions are met definitive agreement would be executed. The transaction would be dilutive to existing shareholders if the closing occurs as anticipated.