Business
Loans4Less.com agrees in principle to acquire Loans4Less LTD (UK)
Loans4Less.com agrees in principle to acquire Loans4Less LTD (UK).
About this update from Loans4less.com, Inc.
[{"type":"text","content":"A majority of the Board of Directors of Loans4Less.com, Inc. consented to the acquisition of Loans4Less Limited (a UK corporation)in a stock exchange transaction, whereby the Company is to issue Steven Hershman 200,000 Loans4Less.com, Inc. common stock shares valued at $0.25 per share in exchange for 100% control of Loans4Less Limited. At closing Loans4Less Limited will become a wholly owned subsidiary of Loans4Less.com, Inc. in what is deemed as a tax free stock exchange transaction. This acquisition enables the Company to take control of certain valuable intangible assets namely the Loans4Less EU Service Mark, Loans4Less.eu and other similar like domain names. ","length":673,"tagName":"div"}]