Stran Proposes Reverse Takeover of Long Blockchain Corp.

   2019-10-31 15:10

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Andy Shape, co-founder and president of Stran Promotional Solutions (asi/337725), has clarified a previous report that the Quincy, MA-based distributor is merging with parent company Long Blockchain Corp. (LBCC).
Although the two companies have still entered a nonbinding letter of intent, Shape says that Stran is proposing a reverse takeover of LBCC. As a result, LBCC will dissolve and Stran will become a wholly owned subsidiary of a new…




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