CornerWorld Corporation (OTCPK:CWRL) signed a letter of intent to acquire Neogenix LLC on November 5, 2014. Upon closing of the deal, CornerWorld will merge with Neogenix. CornerWorld currently negotiating a stock purchase agreement to acquire Neogenix. CornerWorld is effectuating a reverse stock split while simultaneously maintaining the same amount of authorized shares will enable CornerWorld to issue an adequate number of new common shares to Ogenix shareholders to complete the proposed share exchange. If the proposal to authorize the Board to effect a reverse stock split is approved, CornerWorld anticipates that the stock purchase agreement will be completed subsequent to this annual meeting of shareholders.

CornerWorld Corporation (OTCPK:CWRL) cancelled the acquisition of Neogenix LLC on November 5, 2015.