Company Signs LOI for Fintech Firm

Company Signs LOI for Fintech Firm

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, September 28, 2023

Neon Bloom, a diversified enterprise group company, just announced that it has signed an LOI to acquire a growing fintech leader with a focus on e-Commerce and Point of Sale transaction solutions.

Neon Bloom, Inc. (OTC PINK:NBCO), announced in a press release today that it has signed a Letter of Intent to acquire Advanced Executive Sales, LLC (AES).  

AES specializes in simple and secure products that bring the customer and participating merchant partners inside the same secure platform to handle real-time transactions and more. The firm is actively working with over 100 e-commerce sites and anticipates booking $20 million in 2023 revenue in 2023.

Shares of Neon Bloom ended Wednesday trade at $0.10.


Copyright © 2023 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Shares of Dual-Listed Lithium Firm Up After Announcing Quarterly Results
Will A Shifting U.S. Labor Market Cause the Fed to Cut Rates in 2024?
Firm Holds Strategic Conversation on Possible Acquisition in Short-Term Rental Market
Most Popular
FREE Newsletter


Back to Top