UUNN Newswire
(UUNN HQ) Postern Associates (TRISE: PASS) announced today that it is in negotiations with Sorian Bank to acquire the patents, intellectual property and some physical assets of Annihilitech, which abruptly ceased operations in May of this year after accounting irregularities were identified (CFO Markos Theran is still a fugitive).
When it closed its doors, Annihilitech was only manufacturing two items: the Senator long-range mortar and the Featherfire ion cannon, but over the years, Annihilitech developed some of the most destructive and powerful weapons known since The Great Collapse — among them the now-outlawed “Imperializer,” which reportedly ruptured atomic structures with high powered gravitrons.
Much of Annihilitech’s weapons R&D was done under contract to other corporations like Particle Systems, Inc. and Aristio Conglomerated.
It is unclear whether Postern intends to restart production of any Annihiltech equipment, or is simply looking to invest in the IP.