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FFWD Fastforward Innovations Limited

8.25
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
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

FastForward Innovations Limited Investee Company Update: Schoold (9218G)

01/06/2017 4:42pm

UK Regulatory


Fastforward Innovations (LSE:FFWD)
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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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