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Posted On: 02/02/2022 1:54:51 PM
Post# of 107079
$ATHC intends to utilize its own ROMPOS platform to enhance revenues and dramatically increase the current bottom line of approximately $500,000 EBITDA. In addition, ATHC will launch several sites to further generate revenues, digitize operational mandates to eliminate inefficiencies while expanding sales to generate significant additional revenues.
The letter of intent contemplates the issuance of 3,200,000 common shares as consideration for the acquisition at a deemed price of $1.25 per share. Accelerated Technologies will acquire all shares (100%) of the Food Distributor Network. The transaction is subject to adjustment based upon revenue and stock performance criteria, and to certain conditions, including further completion of due diligence and the negotiation and execution of a formal purchase and sale agreement ( the "Agreement"
, receipt of applicable approvals, and standard closing conditions before May 15th, 2022. https://finance.yahoo.com/news/accelerated-te...00632.html
The letter of intent contemplates the issuance of 3,200,000 common shares as consideration for the acquisition at a deemed price of $1.25 per share. Accelerated Technologies will acquire all shares (100%) of the Food Distributor Network. The transaction is subject to adjustment based upon revenue and stock performance criteria, and to certain conditions, including further completion of due diligence and the negotiation and execution of a formal purchase and sale agreement ( the "Agreement"
, receipt of applicable approvals, and standard closing conditions before May 15th, 2022. https://finance.yahoo.com/news/accelerated-te...00632.html
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