MeeMee Media Inc. (OTCPK:MEME) signed a definitive agreement to acquire All Screens Media for $1 million on May 19, 2015. MeeMee will issue 10 million shares as consideration and an additional 5 million shares subject the achievement of certain 12 and 24 month EBITDA thresholds. As of June 2, 2016, MeeMee Media amended the terms of the agreement. Under the revised terms, MeeMee Media will issue 17.5 million shares as initial consideration and an additional 17.5 million shares subject the achievement of certain 12 and 24 month EBITDA thresholds. MeeMee Media has fulfilled the funding requirements to merge with All Screens Media. Upon closing, MeeMee will be renamed All Screens Media. The closing date is amended to August 31, 2016. The definitive agreement is subject to several closing conditions, including the completion of the audit of ASM, All Screens members approving transactions, execution of employment agreements and the completion of certain financing milestones to ASM. The Board of MeeMee approved the deal. Steven J. Davis of Steven James Davis, A Professional Corporation acted as legal advisor for MeeMee. Gordon E. R. Troy of Law Office of Gordon E R Troy acted as legal advisor for All Screens. MeeMee Media Inc. (OTCPK:MEME) cancelled the acquisition of All Screens Media on May 17, 2017.