Conservative Broadcast Media & Journalism Inc. (OTCPK:CBMJ) entered into a letter of intent to acquire Assets of USA Depot, Inc. for $2.6 million on May 11, 2021. The consideration paid to USA Depot Inc. is the issuance of 40M shares of Restricted Common stock in an all-stock deal. At closing Floyd Brown, Chairman of USA Depot, Inc. will join Chief Executive Officer Mark Schaftlein and President Brandon Vallorani on the Board of Directors of CBMJ. The transaction is expected to close between May 31, 2021 to June 15, 2021.