Blue Water Ventures International, Inc. (OTCPK:BWVI) signed a non-binding letter of intent to acquire Psycheceutical, Inc. on November 3, 2021. Following the closing of the anticipated acquisition, Psycheceutical would emerge as the surviving company with a name and symbol change to follow. Completion of the transaction is subject to due diligence investigations by the relevant parties, the negotiation and execution of a definitive share exchange agreement, satisfaction of the conditions negotiated therein including the approval of the Blue Water Ventures Board of Directors, and the satisfaction of other customary closing conditions