The GNS Group Inc. (OTCPK:GNSG) signed a letter of intent agreement to acquire Naples Soap Company from Deanna Wallin and others on June 28, 2021. The GNS Group will purchase 100% of Naples Soap Company’s shares in exchange for shares in The GNS Group. The transaction is subject to due diligence and execution of a definitive purchase agreement. The transaction is expected to close within the next 10 days.