Thursday, August 31, 2017 10:01:48 AM
MC Endeavors, Inc. is pleased to announce that it has executed a letter of intent with Room 21 Media, Inc. as part of a reverse takeover or “RTO” transaction. Subject to regulatory approval and the fulfillment of contractual obligations, if successful, the merged company will be named “Room 21 Media, Inc.” Upon successful completion of the transaction, Room 21 Media, Inc. Chief Executive Officer, John Stippick will be appointed CEO and also be named the Director of the combined company.
International Venture Society’s CEO Kelani Long stated, “We will continue to work to discharge the duties of the court-appointed custodian in an expeditious manner, which includes the holding of a meeting of stockholders.” She continued, “In addition, I am very excited about the plans discussed with Room 21 Media thus far and have confidence the RTO could provide some thrilling possibilities in terms of shareholder value.
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