Momentous Entertainment Group, Inc. (OTCPK:MMEG) signed a letter of intent to acquire Blackfox, Inc. on April 25, 2017. Blackfox had revenues of $2.5 million in 2016. Tom Nelson of Ten Associates LLC acted as public relations advisor in the transaction. Momentous Entertainment Group, Inc. (OTCPK:MMEG) completed the acquisition of Blackfox, Inc. for $1.1 million on August 11, 2017. The consideration consists of $0.05 million of non-refundable deposit made into an escrow account, an additional $0.03 million deposit to be deposited in escrow prior to closing, $0.1 million to be paid at closing, $0.2 million to be paid in common shares of Momentous Entertainment at closing, 0.01 million shares of preferred B stock valued at 1 million shares of common stock of Momentous Entertainment to be paid at closing, $0.23 million to be paid on November 5, 2017, and $0.5 million to be paid in the form of notes payable in 48 equal monthly installments of principal and interest at 6% per annum. Additionally, Momentous Entertainment will pay $0.14 million in the form of notes payable in 12 equal monthly installments to the seller-broker, and will pay $0.3 million in the form of owner salary paid in six equal monthly payments after closing for a consulting agreement.