Williamsville Sears Management, Inc. (OTCPK:WSML) signed a letter of intent to acquire Royal Systems & Services Limited from Mesa Fund 1, managed by Milost Global Inc. on April 3, 2018. Williamsville Sears Management, Inc. (OTCPK:WSML) entered into a definitive agreement to acquire Royal Systems & Services Limited from Mesa Fund 1, managed by Milost Global Inc. on June 25, 2018. The acquisition is an all-stock transaction. Royal Systems & Services Limited generates $5 million in annual revenues. The transaction is subject to the approval by Williamsville Sears Management and Royal Systems & Services, of definitive documents and the achievement of certain other milestones. Williamsville Sears Management, Inc. (OTCPK:WSML) cancelled the acquisition of Royal Systems & Services Limited from Mesa Fund 1, managed by Milost Global Inc. on April 3, 2019.