LAS VEGAS, NV--(Marketwired - Nov 29, 2016) - Momentous Entertainment Group, Inc. ("Momentous") ( OTC PINK : MMEG ), a diversified media company with a focus on technology that creates, produces and distributes quality content across various media platforms, announced today that it has executed a binding Letter of Intent to acquire Poolworks Germany Ltd ("Poolworks"), one of the largest social media companies in Europe with its social networks studiVZ and meinVZ, for $10 million in preferred stock. The transaction is expected to close by the end of December 2016.
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