Wednesday, September 23, 2009


ITEX has a new owner, a Canadian.

Since the Reporting Persons last filing, each of Rahul Pagidipati, Alnesh Mohan, Sanjeev Parsad, G. Andrew Cooke, MPIC Fund I, LP, a Delaware limited partnership ("MPIC Fund I"), MPIC Canadian Limited Partnership, a British Columbia partnership ("MPIC Canadian LP"), Corner Market Capital U.S., Inc., a Delaware corporation ("CMC US"), Corner Market Management Inc., a British Columbia corporation ("CMM"), and Corner Market Capital Corporation, a British Columbia corporation ("CMC") is deemed to have joined The Polonitza Group effective September 17, 2009, and certain transactions in the Common Stock of the Issuer were executed as set forth below in Item 5.