Webtradex International enters into a letter of intent to acquire Birthday Slam Corporation
Poster: SySAdmin
Posted on May 3, 2012 at 10:21:01 AM
Webtradex International enters into a letter of intent to acquire Birthday Slam Corporation
TORONTO, May 3, 2012 /PRNewswire/ - Webtradex International Corporation (OCTBB:
ZDVN) (the "Company") has entered into a letter of intent with Birthday Slam Corporation,
an Ontario Corporation ("BSC") (the "Letter of Intent"). Pursuant to the Letter of Intent, BSC and the Company will commence
the negotiation and preparation of a share exchange agreement whereby
the Company will acquire 100% of the shares of BSC for a certain number
of shares of the Company's common stock. The Letter of Intent may be
terminated at the earlier of: (a) mutual written consent of both the
Company and BSC, or (b) at 5:00 pm EST on June 15, 2012.
BSC is an internet start-up which will encompass multiple tools and
applications that allow users to send e-cards, create wish lists,
purchase group-gifts, receive notifications of approaching Birthdays,
store details of past greetings and gifts (sent and received) and
conduct other, similar activities related to Birthdays. Birthday Slam
is currently in the final development stage and expects to launch in
multiple languages in Europe and North America in late 2012.
Webtradex invests in and operates early stage internet start-ups with an
emphasis on Internet Media Technology (IMT).
The Company looks forward to releasing more information as it becomes
available.
Forward-Looking Statements
This news release includes forward-looking statements within the meaning
of the U.S. federal securities laws. Any such statements reflect The
Company's current views and assumptions about future events. The
Company cannot assure that future events or performance will occur.
Important risks and factors that could cause actual results or events
to differ materially from those indicated in our forward-looking
statements, including: The Company and BSC's inability to agree on
mutually acceptable terms, The company's ability to raise additional
financing to develop commercially viable application, competition and
government regulations or other action and other risks we identify from
time to time in our filings with the U.S. Securities and Exchange
Commission. The Company assumes no obligation and expressly disclaims
any duty to update the information in this Press Release.
SOURCE Webtradex International Corp.
Webtradex International Corp.
CONTACT: 416-929-1806 or 1-650-209-6502
TORONTO, May 3, 2012 /PRNewswire/ - Webtradex International Corporation (OCTBB:
ZDVN) (the "Company") has entered into a letter of intent with Birthday Slam Corporation,
an Ontario Corporation ("BSC") (the "Letter of Intent"). Pursuant to the Letter of Intent, BSC and the Company will commence
the negotiation and preparation of a share exchange agreement whereby
the Company will acquire 100% of the shares of BSC for a certain number
of shares of the Company's common stock. The Letter of Intent may be
terminated at the earlier of: (a) mutual written consent of both the
Company and BSC, or (b) at 5:00 pm EST on June 15, 2012.
BSC is an internet start-up which will encompass multiple tools and
applications that allow users to send e-cards, create wish lists,
purchase group-gifts, receive notifications of approaching Birthdays,
store details of past greetings and gifts (sent and received) and
conduct other, similar activities related to Birthdays. Birthday Slam
is currently in the final development stage and expects to launch in
multiple languages in Europe and North America in late 2012.
Webtradex invests in and operates early stage internet start-ups with an
emphasis on Internet Media Technology (IMT).
The Company looks forward to releasing more information as it becomes
available.
Forward-Looking Statements
This news release includes forward-looking statements within the meaning
of the U.S. federal securities laws. Any such statements reflect The
Company's current views and assumptions about future events. The
Company cannot assure that future events or performance will occur.
Important risks and factors that could cause actual results or events
to differ materially from those indicated in our forward-looking
statements, including: The Company and BSC's inability to agree on
mutually acceptable terms, The company's ability to raise additional
financing to develop commercially viable application, competition and
government regulations or other action and other risks we identify from
time to time in our filings with the U.S. Securities and Exchange
Commission. The Company assumes no obligation and expressly disclaims
any duty to update the information in this Press Release.
SOURCE Webtradex International Corp.
Webtradex International Corp.
CONTACT: 416-929-1806 or 1-650-209-6502