CVET Power Corp. entered into a letter of intent to acquire Jetcom Incorporated on March 25, 2014. Under the terms of the letter of intent, Jetcom shall issue 96 million (post consolidation) shares. Existing Jetcom shareholders and creditors would have approximately 4% of the combined entity. Jetcom's name may be changed to better reflect the revised business. The completion of transaction is subject to mutual due diligence, execution and closing on a definitive agreement and debt repayment or debt settlements of existing debt of Jetcom. The Board of Directors of Jetcom also believes that preliminary terms of the acquisition are reasonable to Jetcom's shareholders. As on August 26, 2014, the transaction has been approved by shareholders of Jetcom. On November 26, 2014 the letter of intent with CVET Power Corp. was extended to March 15, 2015.

CVET Power Corp. cancelled the acquisition of Jetcom Incorporated on March 25, 2015.