FogChain News

FogChain Announces Letter of Intent to Merge with Canadian Teleradiology Services Inc.

FogChain Corp. (“FogChain” or the “Company”) is pleased to announced that it has entered into a letter of intent (“LOI”) dated November 5, 2019 with Canadian Teleradiology Services, Inc. (“CTS”) pursuant to which Fogchain will acquire all of the outstanding shares of CTS pursuant to a share exchange agreement which will constitute a reverse takeover of the Company by Canadian Teleradiology Services Inc. (the “Transaction”) within the meaning of the policies of the Canadian Securities Exchange Inc. (the “CSE”). The resulting issuer (the “Resulting Issuer”) upon completion of the Transaction will change its name to some other name as acceptable to the parties and will operate the current business of Canadian Teleradiology Services Inc.

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FogChain Announces Termination of Letter of Intent With Loop Media Inc.

FogChain Corp. (“FogChain” or the “Company”) FogChain announces the termination of its non-binding letter of intent dated July 25, 2019 with Loop Media, Inc. (“Loop Media”), effective October 23, 2019. As previously disclosed in FogChain’s press release dated July 29, 2019, FogChain and Loop Media intended to completed a merger which would have constituted a reverse takeover of the Company by Loop Media pursuant to the listing rules of the Canadian Securities Exchange (the “CSE”).

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Loop Media inc

FogChain Provides Update on Transaction With Loop Media Inc.

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”).

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Loop Media inc

FogChain Announces Letter of Intent to Merge with Loop Media Inc.

FogChain Corp. (“FogChain” or the “Company”) is pleased to announced that it has entered into a non-binding letter of intent (“LOI”) dated July 25, 2019 with Loop Media, Inc. (“Loop Media”) pursuant to which the parties will complete a merger or some other form of business combination that will constitute a reverse takeover of the Company by Loop Media (the “Transaction”).

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