Skylab Apps Inc. completed the acquisition of Pandora Venture Capital Corporation from WRIT Media Group, Inc..
March 28, 2018
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Skylab Apps Inc. entered into a share exchange agreement to acquire Pandora Venture Capital Corporation from WRIT Media Group, Inc. (OTCPK:WRIT) on April 26, 2017. Under the terms of share exchange agreement, Skylab Apps will sell all of the outstanding common shares, equal to 31.7 million shares to Pandora in exchange for 95% of the common shares of Pandora and 100% of the preferred shares of Pandora. After the completion of the transaction, Dean Grey founded Skylab Apps acts as its President and Chief Executive Officer and serves as the sole member of the Board of Directors of Pandora Venture.
Skylab Apps Inc. completed the acquisition of Pandora Venture Capital Corporation from WRIT Media Group, Inc. (OTCPK:WRIT) on March 29, 2018.
WRIT Media Group, Inc. is a diversified company. The Companyâs operations include blockchain software solutions, crypto-currency power solutions, content production and distribution, and video game and NFT sales and distribution via mobile platforms. The Company provides software development and crypto-mining power solutions. The Companyâs subsidiaries include Front Row Networks, Inc., Amiga Games, Inc., Retro Infinity, Inc., Bison Oil & Gas Corporation and Bison Crypto Power Corporation. Front Row Networks, Inc. is a content creation company, which produces, acquires, and distributes live concerts in three-dimensions (3D) for initial worldwide digital broadcast to digitally enabled movie theaters, TV and mobile streaming providers. Amiga Games Inc. is engaged in licensing classic pre-Windows computer game libraries and adapting and republishing the titles for smartphones, modern game consoles, PCs, tablets, NFTs and other television streaming devices.