Leone Asset Management, Inc. (OTCPK:LEON) signed a letter of intent to acquire a 20% stake in BFA Media, Inc. on September 12, 2019. The signing of the definitive agreement for the transaction is expected to be completed before September 30, 2019. Leone Asset Management, Inc. (OTCPK:LEON) completed the acquisition of 20% stake in BFA Media, Inc. on December 9, 2019.