Xigem Technologies (CSE: XIGM) CEO Brian Kalish joined Steve Darling from Proactive to share new the company has signed a letter of intent to acquire all of the assets of FOOi Inc. $500,000. Fooi is a software-as-a-service, cloud-based, and peer-to-peer payment application.
Kalish telling Proactive FOOi is a mobile app that was built to facilitate all digital payments and was successfully commercialized with quick and secure peer-to-peer and peer-to-business financial transactions.