William H. Hadcock, acting President and CEO of Bellevue-based Cool Entertainment, Inc., who recently replaced Clement Lau as President and CEO, announced late Friday that the Company has entered into a binding letter of intent to acquire, by way of share exchange and reorganization, all of the issued and outstanding securities of E-Trend Networks, Inc.
E-Trend is a private entertainment content company based in Fort Lauderdale Fl., with offices in Marina Del Rey, CA and Calgary, AB.
The transaction remains subject to the completion of a number of matters by both parties, including the approval of the companies board of directors and shareholders.