StockGuru News: MBRN and Cole Innovations Sign Definitive Letter of Intent
MBRN and Cole Innovations Sign Definitive Letter of Intent Mobile Ready Entertainment Corporation (OTC:MBRN) Acquisition Agreement to Be Signed Within 30-Days STROUDSBURG, PA–(MARKET WIRE)–Aug 15, 2006 — Mobile Ready Entertainment Corp. (Other OTC:MBRN.PK - News), a holding company of intelligent services, announced today that it had signed a definitive Letter of Intent with Cole Innovations. The letter calls for integration of Cole Innovation into the MBRN LABS and Cole CEO and Founder, Frank Cole to become CTO and Director of Innovation. “We set out to create a win/win situation for both MBRN and CI, Josh Eikov has exceeded our expectations…