Element Global announces the hiring of Richard Jones from Jones & Haley as a legal advisor to assist in upgrading its OTC Markets status. Jones, a seasoned securities lawyer and former SEC staff attorney, holds the DAD designation for OTC Markets. He has extensive experience in helping public companies achieve listing and uplisting goals. Management believes this uplift will enhance the company’s disclosures, financial reporting, and communication with the investment community, ultimately benefiting shareholders.
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Element Global, Inc. (OTC: ELGL) has signed a Memorandum of Understanding with Bioforce Nanosciences Holdings, Inc. (OTCPink: BFNH), which aims for BFNH to acquire all assets owned by ELGL. The transaction is contingent upon due diligence and will be finalized with a definitive agreement. The companies expect to close the deal quickly. Bioforce's CEO, Merle Ferguson, expressed confidence in the merger, anticipating enhanced financing capabilities and improved market performance for both entities.