Momentous Entertainment Group, Inc. (OTCPK:MMEG) signed a letter of intent to acquire certain assets from BD Health Partners LLC for $0.52 million on February 27, 2017. As a part of the deal, Momentous Entertainment will acquire Neurofuse, CY CogniYouth and Neuromega including all satellite assets including websites, merchant accounts, inventory, customer service, fulfillment relationships and prior sales history including customer databases. Pursuant to the terms of the agreement, $0.22 million will be paid in cash and remaining $0.29 million paid as earn out payment. The cash portion of the payment will be financed from the issuance of a convertible note to an investor. The transaction is subject to the execution of a definitive agreement and is expected to close by April 3, 2017. Daniel Zachary Tanjeloff of BD Health Partneers LLC represented the seller and Kurt Neubauer of Momentous Entertainment Group represented the buyer in the transaction. Momentous Entertainment Group, Inc. (OTCPK:MMEG) cancelled the acquisition of certain assets from BD Health Partners LLC on February 27, 2018.