EVI to acquire Evolution iTrade
EVI GLOBAL Group Developments Corp. has signed a non-binding letter of intent to acquire Evolution iTrade Financial Group.
Evolution iTrade Financial Group is a financial service company that provides an on-line platform for trading specializing in transactions involving foreign currency exchange. The company specializes in providing excellent customer service and up-to-date information on trading and market activity. Through the on-line platform and interbank integration, the company offers excellent on-line market access at extremely reasonable and stable prices. The company is committed to steadily improve its trading technology to suit the growing needs of its global customer base.
Terms of the LOI agreement call for EVI to issue a percentage of shares to the vendors that upon completion, it would be deemed to be a major shareholder or control block holder. The final structure will be determined in a definitive agreement. In addition, EVI’s adviser, Chun Kwok Cheung is to be ap-
pointed as a director of the company, subject to any and all regulatory and corporate approvals.
We seek Safe Harbor.
Nicholas Graeme David Ayling, Faisal Manji, Ronald Frederic Miles, George Earle Nicholson
(EVI) Shares: 9,608,000