IMTL - Image Protect Announces Memorandum of Understanding for Pending New Business Acquisition | Benzinga
NEW YORK, NY, Oct. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Image Protect, Inc. (OTC:IMTL) (Imageprotect.com) ("Image Protect" or the "Company"), is pleased to announce that it has completed its Due Diligence and reached a Memorandum of Understanding on its pending new business acquisition first mentioned on Tuesday, September 26th. The process is now moving toward an LOI (Letter of Intent) with expectations of having all terms agreed upon within the next seven business days.
The company that Image Protect, Inc. (OTC:IMTL) is seeking to acquire is an established business-to-business application software product provider with a successful core offering with development for additional services already underway.
Image Protect, Inc. expects to provide the necessary support for this newly acquired subsidiary and ensure the availability of ...