OBJ Enterprises, Inc. (OBJE) Signs LOI with Flying Mollusk, LLC
Today, OBJ Enterprises announced that its wholly owned subsidiary, Novalon Games had signed a letter of intent (LOI) with Flying Mollusk, LLC, a developer of advanced biofeedback gaming technology. The LOI gives Novalon Games an option period of 90 days to conduct due diligence toward licensing and revenue-sharing opportunities with Flying Mollusk, LLC. The LOI represents both companies’ intent to enter into a partnership and potentially license Flying Mollusk, LLC’s cutting-edge biofeedback technology in OBJ Enterprises’ mobile gaming titles. Based in Los Angeles, Flying Mollusk is a developer that has become well-known for its implementation of biofeedback tools in gaming…