South American Gold Corp. (OTCPK:SAGD) signed a letter of intent to acquire PotCircles from GreatDay, Inc. for $0.66 million on February 13, 2017. As per terms of LOI, GreatDay will be given 10 million common, non-reversing shares of SAGD stock in addition to receiving a 2.5% ongoing revenue share from gross profits for the life of the application.