Deal Terminated
Seaway terminates X2 Blockchain share exchange deal
2018-08-27 10:53 ET - News Release
Mr. David Sidoo reports
TERMINATION OF AGREEMENT
Seaway Energy Services Inc. has terminated its previously announced share exchange agreement with X2 Blockchain Games Corp.
After careful consideration, the board and management of Seaway Energy Services determined that it was in the best interest of the company to terminate the definitive agreement.
X2 Blockchain Games has repaid Seaway Energy Services, in full, all amounts owing pursuant to the previously announced loan agreement.
Seaway Energy Services is actively examining several other potential acquisitions and expects to have a follow-up announcement in the near future.
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I guess the whole Blockchain and crypto space went to sh#t that's why no deal. Oh well, let's see what happens now.