Nilam Resources, Inc. (OTC PINK: NILA) has agreed to buy the entire common stock of MindWave, a special-purpose business. The company’s equity is valued at 24,800 Bitcoin. The acquisition possible through a LOI in the digital assets domain has grown dramatically, now totaling more than billions of dollars.
“We always want to be more transparent, innovative, and sustainable in the way people think about us,” stated Pranjali More, CEO of Nilam Resources, Inc. The agreement will then be drafted, and permission to issue Preferred Stock Class C which will eventually be redeemable upon listing on the NASDAQ or any other national exchange will be considered.
MindWave, a Mauritius-based corporation, intends to generate revenue through HYIPs (High Yield Investment Projects) that use the $ 00gME digital asset as security. According to the terms of the deal, Nilam Resources, Inc. will issue a newly issued Preferred Series of Class C Stock in return for Bitcoin coins at a discount to current market pricing.
Mr. Nadan, director of Xyber Data Ltd., stated that the collaboration will certainly be successful because the company has grown to be known for its fintech-related technological innovations.
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