The company has already submitted a first draft of a Final Definitive Agreement for legal review. Once executed, Sinister will become a wholly owned subsidiary of Indo Global. The company is aiming to close the acquisition by early-December and immediately begin expanding on the foundation that Sinister has built.
Stated CEO, Jason Black: "The pending acquisition of Sinister will mark a huge milestone from where we were as a dormant public entity just 6 months ago. We have significant plans in place that we believe will not only increase shareholder value but allow us to expand Sinister's footprint into additional industries as well. We will continue to keep shareholders updated as the acquisition progresses."