Millennium Blockchain, Inc. (OTCPK:MBLC) signed letter of intent to acquire 24% stake in ChoiceTrade, Inc. for $16.3 million on March 26, 2018. As per the terms of acquisition, Millennium Blockchain will issue 4.5 million common share and 4.5 million warrants at a strike price of $3 per warrant. Post-acquisition, Millennium BlockChain intends to fund ChoiceTrade in the amount of $10 million. Millennium Blockchain, Inc. (OTCPK:MBLC) cancelled the acquisition of 24% stake in ChoiceTrade, Inc. on March 26, 2019.