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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Fastforward Innovations Limited | LSE:FFWD | London | Ordinary Share | GG00BRK9BQ81 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.25 | 8.00 | 8.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFFWD
RNS Number : 9218G
FastForward Innovations Limited
01 June 2017
1 June 2017
FastForward Innovations Limited
("FastForward" or the "Company")
Investee Company Update
Update on Schoold Letter of Intent with Lingo Media Corp.
FastForward Innovations Limited ("FFWD" or the "Company") previously announced that investee company, Vested Finance Inc. (trading as "Schoold"), the developer and operator of the leading, mobile college marketplace app in the United States, Schoold, had signed a letter of intent with TSX-V listed Lingo Media Corp. (CVE:LM) ("Lingo Media") to complete a business combination (the "Transaction") and indicated that a definitive agreement would be signed by around 24 May 2017.
FastFoward understands that finalization of the agreement between Lingo Media and Schoold is continuing, and that Schoold management expects the transaction to close shortly. FastForward will provide a further update as soon as information becomes available.
For further information please visit www.fstfwd.co or contact:
FastForward Innovations Limited info@fstfwd.co Josh Epstein/ Ian Burns ------------------------------------------------------------ Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396 James Biddle / Michael Cornish ------------------------------------------------------------ Optiva Securities Limited (Broker) Tel: +44 (0) 203 411 1881 Ed McDermott ------------------------------------------------------------
CAUTIONARY STATEMENT
The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of FastForward Innovations Ltd. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.
Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. FastForward Innovations assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUASVRBRANRAR
(END) Dow Jones Newswires
June 01, 2017 11:42 ET (15:42 GMT)
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