Letter of intent

The Toyota Mobility Foundation and the Bali Provincial Government launch its "Sustainable Mobility Advancing Real Transformation" (SMART) program that aims to sustainably address mobility issues in Ubud, Bali

Retrieved on: 
Thursday, August 24, 2023
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The program is co-organized by Deloitte Future of Mobility Solution Centre (Deloitte)*1, with the support of the Transport Department of Provincial Government of Bali and Toyota Indonesia.

Key Points: 
  • The program is co-organized by Deloitte Future of Mobility Solution Centre (Deloitte)*1, with the support of the Transport Department of Provincial Government of Bali and Toyota Indonesia.
  • *1 Deloitte Future of Mobility (FoM) Solution Center, located in Singapore, addresses global mobility challenges, and develops new solutions and assets for the ecosystem as it undergoes an unprecedented transformation.
  • Furthermore, the recommendations are aimed at allowing governments and any interested parties to scale and replicate the model across Bali, Indonesia and beyond.
  • We are excited to launch this solution alongside all our partners, who are likeminded with the aims of promoting the concept of mobility for all and carbon neutrality."

Karbon-X and Laconic Sign Letter of Intent to Develop Innovative Biochar Verification Methodology

Retrieved on: 
Monday, August 14, 2023
Informatics, BBQ, Partnership, Letter of intent, Carbon footprint, Fertilizer, Tree, AB, Data collection, Carbon, Forest, LOI, Charcoal, Climate change, Cooking, Laconic phrase, Ali Alatas, Pedigree, Artificial intelligence, CO2, Cryptocurrency, Agriculture, Biochar

CALGARY, AB and CHICAGO, Aug. 14, 2023 /PRNewswire/ -- Karbon-X, a pioneering organization committed to addressing climate change at the local level and Laconic Infrastructure Partners Inc. (Laconic), a leading global provider of environmental intelligence services, have signed a Letter of Intent (LOI) to develop a cutting-edge Biochar Verification Methodology. The novel methodology aims to ensure the accuracy and transparency of Karbon-X's reforestation project in the Chiquitania Region of Bolivia, and subsequently, it will be applied to verify other Biochar projects worldwide.

Key Points: 
  • Under this agreement, Karbon-X will hold a 65% ownership stake in the developed methodology, while Laconic will own the remaining 35%.
  • Collaborating with Laconic and building out this methodology, we can achieve just that," said Chad Clovis, CEO of Karbon-X.
  • The Biochar Verification Methodology will leverage Laconic's advanced SADAR™ geospatial informatics platform to enhance the accuracy and efficiency of data collection and analysis.
  • "Leveraging our unique SADAR™ Environmental Intelligence platform to develop the Karbon-X Biochar Verification Methodology will provide the much-needed data accuracy and verification from our highest data pedigree standards," said Andrew Gilmour, Co-founder and CEO, Laconic.

Airshare Signs Letter of Intent for Wheels Up Aircraft Management Business

Retrieved on: 
Wednesday, August 9, 2023
Aircraft, LLP, Operation, Maintenance, Letter, Kirkland & Ellis, Letter of intent, Acquisition, Wheel, Airline

OVERLAND PARK, Kan., Aug. 9, 2023 /PRNewswire/ -- Airshare today announced that it has signed a Letter of Intent to purchase Wheels Up's aircraft management business.

Key Points: 
  • OVERLAND PARK, Kan., Aug. 9, 2023 /PRNewswire/ -- Airshare today announced that it has signed a Letter of Intent to purchase Wheels Up's aircraft management business.
  • "Aircraft management has become a core source of revenue for Airshare.
  • With this potential acquisition, Airshare would have aircraft management customers nationwide, setting the stage for faster growth in aircraft management, fractional and charter programs and continuing the company's long-term expansion plans.
  • "If interested, aircraft management customers can generate revenue by chartering their aircraft to our established base of fractional and charter customers.

RespireRx Pharmaceuticals Inc. and ResolutionRx Ltd Enter into Bilateral Agreements to Establish ResolutionRx Ltd as an Operating Company

Retrieved on: 
Wednesday, August 9, 2023
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The Exclusive License permits the sublicensor to grant written sublicenses of its rights under the Exclusive License.

Key Points: 
  • The Exclusive License permits the sublicensor to grant written sublicenses of its rights under the Exclusive License.
  • The Sublicense is essentially a direct pass-through of all of the rights and obligations associated with the Exclusive License to ResolutionRx as sublicensee from RespireRx as sublicensor.
  • In consideration for the License and Sublicense, ResolutionRx issued 25,000,000 Ordinary Shares of ResolutionRx to RespireRx pursuant to a stock transfer agreement plus the payment of US$1 to RespireRx.
  • Our service agreements with RespireRx and iNGENu will provide the needed infrastructure for operations that have recently begun.

Captiva Verde Wellness to Acquire the Miami Padel Club

Retrieved on: 
Wednesday, August 2, 2023
OTC Markets Group, Letter, CSE, Letter of intent, International Padel Federation, Acquisition, PWR, Growth, Health, News, Social media, Sport, Padel

Padel is considered to be the racquet sport of this century, and according to the International Padel Federation, it's one of the fastest-growing sport globally.

Key Points: 
  • Padel is considered to be the racquet sport of this century, and according to the International Padel Federation, it's one of the fastest-growing sport globally.
  • Miami is the strategic hub for the world of Padel and Captiva is excited to be in this major location for the worldwide explosion of Padel.
  • The Miami Padel Club was the 2023 regular season leader of the Pro Padel League with a 5-1 season record.
  • This adds several years of additional growth for the Captiva Wellness shareholders."

Pioneers in Retail and Robotics, VenHub and DoBot Robotics, Enter Into a Letter of Intent

Retrieved on: 
Thursday, July 27, 2023
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The two companies have entered into a Letter of Intent, setting the stage for exploratory discussions that could alter the face of the retail and robotics landscape.

Key Points: 
  • The two companies have entered into a Letter of Intent, setting the stage for exploratory discussions that could alter the face of the retail and robotics landscape.
  • The opportunity to explore a partnership with VenHub, a company that shares our passion for innovation, is genuinely exhilarating."
  • VenHub, with its revolutionary Autonomous Smart Stores, has reshaped the retail industry, turning it into an arena of limitless potential.
  • Shahan Ohanessian, CEO of VenHub, stated: "Both VenHub and DoBot Robotics share a commitment to revolutionize our respective industries.

Global Warming Solutions, Inc. to Acquire AQST to Accelerate Growth in Green Technology

Retrieved on: 
Monday, July 17, 2023
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GWSO hired AQST to develop and build a prototype of their patented EcoHydrogen technology system.

Key Points: 
  • GWSO hired AQST to develop and build a prototype of their patented EcoHydrogen technology system.
  • The acquisition of AQST is a significant milestone for GWSO and represents a major step forward in the company’s growth strategy.
  • The addition of AQST’s expertise in developing patents and technologies, as well as its experienced management team, will position GWSO as a leading player in the green technology market.
  • “We enthusiastically look forward to partnering with Global Warming Solutions, Inc. as we have an incredible chance to move forward.

Brad Blazar Joins the Legacy Education Team

Retrieved on: 
Wednesday, July 12, 2023
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CAPE CORAL, FL, July 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire  – Legacy Education Alliance, Inc. (OTCQB: LEAI) announced today the appointment of Brad Blazar as an advisor to LEAI, and Chief Investment Officer and Faculty Partner of its subsidiary, Legacy Live. Legacy Education also announced entering into a letter of intent to acquire the digital marketing-focused businesses of Jessie Hale, including Twlv20, Copy Ninjas and Engage.

Key Points: 
  • CAPE CORAL, FL, July 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Legacy Education Alliance, Inc. (OTCQB: LEAI) announced today the appointment of Brad Blazar as an advisor to LEAI, and Chief Investment Officer and Faculty Partner of its subsidiary, Legacy Live.
  • “As Chief Investment Officer of Legacy Live, Mr. Blazar is expected to play a crucial role in supporting our mission of providing individuals with the education and resources they need to raise capital for real estate and other projects.”
    Commenting on joining the Legacy Education team, Brad Blazar added, "I am delighted to have the opportunity to bring my experience in building companies and capital raising to Legacy Education.
  • I look forward to working with Legacy Education as it seeks strategic capital and business partners who recognize the power of Legacy Education’s platform and share our vision."
  • Legacy Education's real estate education and live events platform, Legacy Live, is transforming to include a broader range of educational offerings, going beyond real estate and trading, to also offer entrepreneurship and biohacking education.

Pervasip Announces Expansion Into California Market

Retrieved on: 
Thursday, June 29, 2023
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Continuing its previously announced targeted expansion plans, Artizen Nano will manufacture and distribute its Slurped nano beverages in the Los Angeles market as the second step of Artizen’s Westcoast expansion.

Key Points: 
  • Continuing its previously announced targeted expansion plans, Artizen Nano will manufacture and distribute its Slurped nano beverages in the Los Angeles market as the second step of Artizen’s Westcoast expansion.
  • “In April we announced our entry into the Oregon recreational cannabis market and now we are completing our Westcoast expansion with our entry into California.” said German Burtscher, President and CEO of Pervasip Corp.  “Our partnership with MTN Group will provide us with manufacturing capabilities in Los Angeles and access to retailers through its well-established distribution channels.
  • We are excited to take Slurped to market and begin to collaborate with other brands.
  • Pervasip remains committed to driving innovation, delivering exceptional products and services, and maximizing shareholder value.

International Endeavors Corp. Amassing Revenue to Drive Rapid Expansion in AI Sector and Eliminate Debt

Retrieved on: 
Tuesday, June 27, 2023
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IEC is acquiring revenue producing companies, then using the revenue they generate to acquire additional AI-based companies, and, at the same time, taking advantage of the revenue to begin to eliminate corporate debt.

Key Points: 
  • IEC is acquiring revenue producing companies, then using the revenue they generate to acquire additional AI-based companies, and, at the same time, taking advantage of the revenue to begin to eliminate corporate debt.
  • IEC’s expansion into AI has positioned the company to drive significant revenue, become a debt-free company, and set IEC on a path to a profitable future.
  • After all, it took the company’s new AI division less than two months in the AI space to amass around $600,000 in revenue, which is almost half of the company’s current market cap.
  • Finally, IEC is rapidly expanding its AI division and the products/services it can offer by acquiring additional revenue-producing companies in the burgeoning AI sector.