FTI Foodtech International Inc. (TSXV:FTI) signed a non-binding letter of intent to acquire Money Line Sports Inc. on December 6, 2021. The transaction is structured as an equity transaction. It is the intention to sign a definitive agreement. Transaction is also subject to FTI and Money Line, both submitting to and completing due diligence investigations; both parties obtaining any shareholder approval required, and; MoneyLine providing the two most recent fiscal years of audited financial statements. Transaction is approved with TSX Venture exchange and expected to complete within 30 days.

FTI Foodtech International Inc. (TSXV:FTI) cancelled the acquisition of Money Line Sports Inc. on February 16, 2022. The transaction was terminated as the parties were unable to reach a definitive agreement.