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RESAAS Acquires Real Estate Blockchain Company Real-Block Inc.

RESAAS Acquires Real Estate Blockchain Company Real-Block Inc. Vancouver, ...

articleResaas Services, Inc.February 27, 20183/company/resaas-services-inc/news/resaas-acquires-real-estate-blockchain-company-real-block-inc
RESAAS Acquires Real Estate Blockchain Company Real-Block Inc.

About this update from Resaas Services, Inc.

[{"type":"text","content":"RESAAS Acquires Real Estate Blockchain Company Real-Block Inc. \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t RESAAS Acquires Real Estate Blockchain Company Real-Block Inc.\n Vancouver, British Columbia (FSCwire) - RESAAS Services Inc. (CSE:RSS, OTCQX: RSASF), a cloud-based social business platform for the real estate services industry, is pleased to announce that it has today acquired Real-Block Inc. (“RBI”), a company holding a real estate blockchain application.\n\n \n\nFollowing an extensive due diligence period that began in late 2017, RESAAS and RBI have today executed and closed a definitive share purchase agreement for the acquisition of all of the issued and outstanding shares of RBI. As consideration for the acquisition, RESAAS paid the shareholders of RBI $75,000 in cash, and issued these shareholders 1,102,938 RESAAS shares at a price per share of $0.68. Upon the completion by RBI of a beta test of its technology with at least one real estate association...

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