eCare Solutions Inc (ECSL)

[Mattordaddy]

PALM BEACH GARDENS, FL--(Marketwired - Aug 15, 2016) - EncounterCare Solutions ( OTC PINK : ECSL ) announced it has entered into a LOI with iGambit, Inc. ( OTCQB : IGMB ). Under the terms of the LOI, iGambit Inc. will buy certain assets of CyberCare Health Network, Inc. and will assume certain specifically identified liabilities. Payment for the acquisition will be made in the form of iGambit common stock which EncounterCare expects to disperse in the form of a dividend to existing EncounterCare stock holders of record at the closing of the transaction.