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Inolife Technologies Inc (INOL.PK)

INOL.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

InoLife Technologies announces letter of intent for acquisition
Wednesday, 13 May 2015 09:39am EDT 

InoLife Technologies:Says LOI to acquire certain media assets assigned by Media Barber Corp. 20,0000 television minutes (Barter Credits) owned by Sports Shop Network LLC, a Florida company (Seller).Says television minutes total up to $3,166,000 in trade-dollar value.Purchase price for the media asset shall consist of the following: $100,000 (Principal Amount) and $25,000 within 45 days after the execution of the definitive purchase agreement.  Full Article

InoLife Technologies Inc inks LOI with SSN and Wideshot - Form 8-K
Thursday, 7 May 2015 04:39pm EDT 

InoLife Technologies Inc:Entered into binding letter of intent (LOI) with Sports Shop Network LLC (SSN) and Wideshot Productions/Media LLC (Wideshot).Pursuant to which registrant has agreed to purchase from SSN 20,000 television minutes that may be used for placement of short or long form insertions on selected national cable networks, regional cable networks, cable carriers, satellite carriers and local wired full power television stations.SSN acquired right to use Media Minutes from Wideshot.Says purchase price for Media Minutes is $100,000 of which $25,000 shall be paid within 45 days after the execution of a definitive asset purchase agreement for the purchase of Media Minutes.After registrant has paid purchase price in full, Registrant is required to secure additional funding over a six (6) month period which will be used to put Media Minutes into production.  Full Article

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