Advanced Voice Recognition Systems, Inc. (OTCPK:AVOI) entered into a Letter of Intent to acquire Rivulet Media, Inc. (OTCPK:RIVU) for $1.4 million on July 14, 2023. AVOI agrees to purchase from the current shareholders of RIVU (the ?Seller?) and Seller agrees to sell to AVOI, 100% of the issued and outstanding shares of the common stock, 100% of the issued and outstanding shares of the preferred stock and 100% of all issued warrants, on a stock for stock transaction, in exchange for the same number and designation of AVOI common and preferred shares and warrants. The preferred shares and warrants will contain the same designations and conversion rights.

RIVU and AVOI intend to change the name of Advanced Voice Recognition Systems, Inc. to Rivulet Entertainment, Inc. The transaction is subject to the completion of a reverse stock split of 100 to 1 of AVOI issued and outstanding shares of common stock and an increase of AVOI authorized preferred shares to 25 million as well as the completion of an audit of RIVU. RIVU and AVOI agree that the LOI will be automatically terminated if the closing of the Acquisition has not occurred on or before 120 days after the date LOI has been signed.