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Media Central Corp. FBOP

Consumer Cyclical Technology Advertising Agencies Media - Diversified Electronic Gaming & Multimedia Cannabis
Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are poised to deliver high-quality content, strategy and substantive value across a number of platforms.


GREY:FBOP - Post by User

Media Central Corp. > news
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Comment by McRambuson Oct 16, 2020 8:40am
93 Views
Post# 31727166

RE:news

RE:news
freedom45 wrote:

 

MediaCentral and Varipay Terminate Letter of Intent

 

2020-10-16 07:46 ET - News Release

 

Toronto, Ontario--(Newsfile Corp. - October 16, 2020) -  Media Central Corporation Inc. (CSE: FLYY) (FSE: 3AT) ("MediaCentral" or the "Company") announces that on October 13, 2020, the Company and Varipay Inc. ("VP" or "Varipay") have mutually agreed to not proceed with the Letter of Intent ("LOI") as press released on October 2, 2020 (See Press Release Dated October 2nd, 2020). The LOI contained a number of conditions that MediaCentral and Varipay had agreed to. The Company was informed that certain conditions would not be met leading to the mutual termination of the proposed transaction.

 


And with this news release my theory goes out the window. Seems this is the reason for the special meeting of large shareholders. What is now left here? 

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