Eternity Healthcare, Inc. (OTCPK:ETAH) signed a binding letter of intent to acquire Global Medical Equipment of America in stock on October 25, 2013. On October 30, 2013, Eternity Healthcare, Inc. (OTCPK:ETAH) signed an agreement to acquire Global Medical Equipment of America. Under the terms, Eternity will issue its 40 million shares in exchange for all the shares of Global Medical Equipment.

These new shares will be issued by Eternity at the time of the transaction. As part of the deal Eternity's head office shall be moved from Vancouver, Canada to Phoenix, Arizona where it will become sequestered under the existing management of GMEA. The current President and Chief Executive Officer of Global Medical Equipment, Harold Halman, shall take the position as the President and Chief Executive Officer of Eternity and Hassan Salari will serve the company as Executive Chairman.

The share exchange agreement is expected to complete in first quarter of 2014. Brian Andrew of Wall Street Media Group acted as public relations advisor in transaction.