MOXIAN, INC. SIGNS A LETTER OF INTENT WITH A BEIJING E-SPORTS COMPANY
Moxian, Inc. (MOXC)
NASDAQ:AMEX Investor Relations:
moxian.com/corporategovernance_en.html
Company Research
Source: GlobeNewswire
Beijing, China, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Moxian, Inc. (“Moxian” or the “Company”) (MOXC), an offline-to-online (O2O) social media services and Internet media marketing services provider, and an exclusive agent and operator of the Games channel of the Xinhua News APP, today announced the signing of a Letter of Intent with Beijing Bi Er Culture Communication Co. Ltd., (“Bi Er”), pursuant to which, Moxian may, upon a satisfactory completion of due diligence and an audit of past financial statements, enter into a definitive agreement to acquire a controlling stake of Bi Er, the terms of which have yet to be finalised and which will be subject to approval by the shareholders of the Company in a general meeting. Bi Er is a limited company incorporated under the laws of the Peoples’ Republic of China in June 2013 and is involved in the industry of mobile gaming, e-sports, animation and comics. It has successfully organized many e-sports competitions in various cities in China wit
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