FogChain Provides Update on Transaction With Loop Media Inc.

By admin

FogChain Corp. is pleased to provide an update on the transaction which the Company announced on July 30, 2019 (the “July Press Release”) with Loop Media, Inc. (“Loop Media”) pursuant to which the parties entered into a letter of intent dated July 25, 2019 (the “LOI”) to complete a merger that will constitute a reverse takeover of the Company by Loop Media (the “Transaction”).