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According to the share exchange agreement, NDMT will acquire all the issued and outstanding shares of common stock of MySong in exchange for 200,000 restricted shares of common stock, par value USD0.001 of the Company.
NDMT is a US listed media holding company focused on the global Chinese market.
(OTCQB: NDMT) has entered into a share exchange agreement with Taiwan-based karaoke provider MySong Industrial Co., Ltd., the company said.
(OTCQB: NDMT) has entered into a binding letter of intent to acquire Taiwan-based Karaoki audio and video supplier My Song Karaoke Industrial Co., Ltd to diversify its business.
Under the letter of intent, NDMT will to acquire My Song Karaoke Co., Ltd.
(OTCQB: NDMT) has signed letter of intent to acquire Chinese radio advertising agency Beijing Xintongying Culture and Communications Co.
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