NameSilo Technologies enters letter of intent to acquire 100% of SewerVUE Technology

7 hours ago 1

NameSilo Technologies (OTCPK:URLOF) has entered into a letter of intent to acquire 100% of the issued and outstanding shares of SewerVUE Technology, based in Coquitlam, Canada.
Under the terms of the LOI, NameSilo and SewerVUE have agreed to settle the terms of a definitive share purchase agreement whereby NameSilo will acquire all the issued and outstanding shares of SewerVUE.
In consideration thereof, NameSilo has agreed to pay C$2,450,000 to the SewerVUE Shareholders.

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