Posted On: 04/17/2015 9:10:24 AM
Post# of 29735
$WOLV Wolverine Exploration Inc. ("Wolverine" (OTC Pink: WOLV) announced today that it has entered into a Share Exchange and Royalty Agreement (the "Agreement" with Dr. David Chalk, hd.Tech ("Chalk" . Under the terms of the Agreement, Wolverine will acquire a 25% interest in the process technology and cyber security company ENIGMAMobil Inc. ("Enigma" from Chalk for the purchase price of USD $3,000,000, to be paid in shares of common stock of Wolverine at a deemed price of USD$0.01 per share (the "Shares" . Wolverine will also receive a 25% royalty of all gross revenue received by Enigma from the sale of licenses of the ENIGMAMobil(TM) mobile security app. The Agreement is subject to Enigma completing a financing of USD$2,500,000 and Wolverine increasing its authorized capital of common stock to allow for the issuance of the Shares and Finders' Shares (as defined below).
http://finance.yahoo.com/news/wolverine-appoi...00101.html
http://finance.yahoo.com/news/wolverine-appoi...00101.html
(0)
(0)
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼