FORT LAUDERDALE, Fla. - Nov. 6, 2020 - (OTCUS:SCFR) ("Security First International Holdings, Inc" or the "Company"), a technology incubator and holding company, today announced that it has signed a non-binding letter of intent (the "LOI") to explore the possibility of acquiring certain key assets of the WipFly Lens project, including exclusive rights for distribution.
WipFly Lens is a platform for creating and sharing user-generated content in Virtual Reality (VR) format. Visit https://wipfly.com/vr/home and experience the new reality. Learn more about WipFly, Inc. at https://www.crunchbase.com/organization/wipfly
The potential acquisition is exploratory and is subject to, among other things, the completion of due diligence, approval of the two companies' boards, the negotiation and execution of a definitive agreement providing for the transaction, and satisfaction of any conditions negotiated therein. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated.
About Security First International Holdings, Inc.
(OTCUS:SCFR) is a technology incubator and accelerator for early stage web and mobile projects providing vision validation, to product definition, design, and delivery.
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