Business
flooidCX Acquires Resolution1, Inc.
flooidCX Acquires Resolution1, Inc..
About this update from Flooidcx Corp.
[{"type":"text","content":"\nToronto, Canada, May 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- flooidCX, Corp. (FLCX) announced today that it has entered into a share exchange agreement (the “Share Exchange Agreement”) to acquire all of the issued and outstanding shares of a privately-held related company, Resolution1, Inc.. (R1), in exchange for the issuance of one (1) share of FLCX for every three (3) shares of R1. In accordance with the terms and provisions of the Share Exchange Agreement, FLCX will issue an aggregate of 10,000,000 shares of its restricted common stock to the shareholders of R1 in exchange for 30,000,000 of all of the issued and outstanding shares of R1 (constituting 100%), thus making R1 its wholly-owned subsidiary. \n Upon the completion of this transaction, Resolution1 will now officially become part of flooidCX Corp.’s suite of customer care solutions, offering both SME’s and Enterprise based businesses an “end-to-end” cloud-based solution to manage all incoming customer care, feedback or inquires.  “Resolution1 will be the cornerstone of flooidCX’s customer care solutions; where GripeVine  (https://flooidcx.com/gripevine/) is a consumer based platform that assists businesses in capturing customer care/feedback sentiment, pay-wall free, Resolution1 (https://flooidcx.com/resolution1/) will assist businesses in managing all incoming customer care/feedback not only from the GripeVine platform but also as a stand-alone ‘omni-channeled’ solution capturing all incoming inquires directly from a business’s website,” added flooidCX CEO & Founder, Richard Hue. “This is just the beginning of an exciting journey for flooidCX as we stake our claim in the customer care space with unique solutions that will differentiate us.” About flooidCX Corp.: flooidCX (https://flooidcx.com/) is the customer care solutions company. We are the global experts who help bridge the customer care & feedback gap between companies and consumers by unifying communications and collaborations. We utilize our proprietary intuitive suite of solutions that assist businesses to listen, learn and reach out to consumers at the right time. We improve customer retention and increase new sales via upsells and cross-selling. About Resolution1, In...