Majestic Oil & Gas Inc. entered into a letter of intent to acquire ATC Holding, Inc.

Mushrooms, Inc. is focused on the industrial application of mycelium for the creation of carbon-neutral products for the building and health care industries, as well as creating supplements based on the proven health benefits of mushrooms. The Company’s research and development is focused on bringing the science of mycology to the forefront of manufacturing by replacing toxic plastics, packaging, and improving medical threads and fabrics. Mycelium is a natural fiber, which is used as an alternative to plastics. The mycelium can be used in applications such as insulation, structural insulating panels, acoustical tiles, and building blocks. It is improving the threads and fabrics in use with its antimicrobial, anti-MRSA, renewable and eco-positive threads and fabric solutions. It also works together with scientists and medical supply innovators to implement this technology into the range of potential medical applications.