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Monday, June 13, 2016 11:53:30 AM
BOCA RATON, FL--(Marketwired - June 10, 2016) - Cleartronic, Inc. (OTC PINK: CLRI) executed a Letter of Intent with iStream Network, Inc. on June 9, 2016 to acquire and "spin-off" iStream Network as its own separate trading entity by filing a Form 10 with the Securities and Exchange Commission. Should this spin-off occur, Cleartronic shareholders would retain a (12%) percent interest in the issued and outstanding stock of iStream. iStream would obtain its own CUSIP, be assigned its own trading symbol and be an independent company with a registered class of stock.
http://finance.yahoo.com/news/cleartronic-inc-clri-signs-letter-120245767.html
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