Blue Water Ventures International, Inc. (OTCPK:BWVI) signed a non-binding letter of intent to acquire Psycheceutical, Inc. on November 3, 2021. Following the closing of the anticipated acquisition, Psycheceutical would emerge as the surviving company with a name and symbol change to follow. Completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive share exchange agreement, satisfaction of the conditions negotiated therein including the approval of the Blue Water Ventures Board of Directors, and the satisfaction of other customary closing conditions

Blue Water Ventures International, Inc. (OTCPK:BWVI) completed the acquisition of Psycheceutical, Inc. on January 20, 2022.