An anonymous director reports
MEDIACENTRAL AND VARIPAY TERMINATE LETTER OF INTENT
On Oct. 13, 2020, Media Central Corporation Inc. and Varipay Inc. mutually agreed to not proceed with the letter of intent (LOI) as press released on Oct. 2, 2020 (see press release dated Oct. 2, 2020). The LOI contained a number of conditions that Media Central and Varipay had agreed to. The company was informed that certain conditions would not be met leading to the mutual termination of the proposed transaction.
About Media Central Corporation Inc.
Media Central is an alternative media company situated to acquire and develop high-quality publishing assets starting with the recent acquisition of Vancouver Free Press Corp., the purchase of NOW Communications Inc. and the launch of digital cannabis platform CannCentral and e-sports outlet ECentralSports. MediaCentral is consolidating and digitally monetizing the over 100 million coveted and premium consumers of the approximately 100 alternative urban publications across North America, creating the most powerful audience of influencers.
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