The LOI forms the basis of an agreement which, if consummated, is consistent with the Company`s strategic plan to aggressively achieve profitability and growth through insightful value-added mergers and acquisitions. There are several steps outlined in the LOI, and after completion of satisfactory due diligence, a definitive agreement will be executed. Subject to the acceptance of the definitive agreement, closing is expected to take place in early Q1 2023. The Terms of the Letter of Intent contemplate total consideration for this transaction in the amount of
No further information is available at this time.
Transaction Highlights:
The founders and management team have deep domain expertise and experience in software development, sales, internet, and traditional marketing (domestically and internationally), additionally possessing a strong discipline in both financial and operational management. The Company is expected to be operating in a cash flow positive position by Q3 2023, with projected year over year growth expected to result in a valuation of over
About
About
Bizz Shield ProSM offers cost saving discount programs that help individuals and families proactively manage their healthcare costs and secure control over other liabilities which can significantly impact their financial future. Bizz Shield Pro’sSM benefit portal not only provides simple access to affordable benefit plans, but uniquely affords highly motivated individuals the ability to generate continuous sources of revenue generation through the Associate Sales Representative Program. Associates driven for success can utilize Bizz Leads ProSM, a premier lead generation system with access to top tier products and services as well as a National Associate Network, to exponentially increase their opportunity for growth. Bizz Leads ProSM, is a division of Bizz Shield ProSM. For more information go to https://www.bizzshieldpro.com and https://www.bizzleadspro.com.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the
Corporate Contact:
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Source:
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