Short Sellers Position for Drop in Riot Blockchain (RIOT)
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Riot Blockchain's TessPay Signs Letter of Intent for Merger with Publically Traded Cresval Capital Corp
December 11, 2017 8:30 AM ESTCASTLE ROCK, Colo., Dec. 11, 2017 /PRNewswire/ --Â Riot Blockchain Inc. (Nasdaq: RIOT) (the "Company") today announced that its majority owned Tess Inc. ("TessPay") has entered into a non-binding letter of intent ("LOI") to merge with Cresval Capital Corp. ("Cresval") (TSX-V: CRV). TessPay is a blockchain company developing a supply chain payment platform for businesses to attempt to guarantee payment on time and in full. Â After the closing of the anticipated merger, TessPay will be publically traded on the TSX Venture Exchange (the "TSXV") and change its... More
