Wayzata, MN 55391Letter of Intent • December 17th, 2020 • Mill City Ventures III, LTD
This letter of intent is entered into as of the date above by and between Digital Cash Processing, Inc., a Minnesota corporation (the “Company”), and Mill City Ventures III, Ltd. (“Pubco”) a Minnesota corporation, to set forth the basic and principal terms and conditions under which Pubco proposes to acquire the Company in a reverse triangular merger transaction and issue that number of shares of restricted common stock representing 90% of the common stock of Pubco issued and outstanding immediately after the consummation of the merger transaction.
