Sanwire Corporation (OTCPK:NTMG) signed a letter of intent to acquire Aero Networks, LLC for $0.7 million in stock on May 6, 2013. Sanwire Corporation will issue 2.4 million shares of Sanwire Corporation and 3 million warrants. Additionally, Sanwire Corporation will also issue future earn-out performance bonus shares based on revenue growth. The acquisition is subject to normal due diligence process and is expected to be closed on or before June 30, 2013.

Sanwire Corporation entered into definitive agreement to acquire Aero Networks, LLC on May 28, 2013. Thomas C Cook of Thomas C Cook & Associates acted as legal advisor for Sanwire Corporation.