ZD Ventures Corporation (OTCPK:ZDVN) entered into a letter of intent to acquire 25% stake in Bluesence Innovation Group S.L. for €0.13 million (CAD 0.2 million) on March 12, 2014. The transaction is subject to satisfactory due diligence and fulfillment of investment commitments by potential investors and is expected to close shortly.

On July 11, 2014, ZD Ventures Corporation (OTCPK:ZDVN) renegotiated the terms to acquire 100% stake in Bluesence Innovation Group S.L. for CAD 0.45 million in stock. As part of the consideration, ZD Ventures Corporation will issue 1 million shares to be held in escrow and released in tranches to the current owners of Bluesence on achievement of agreed milestones. Sergi Vargas will continue as Chief Executive Officer of Bluesence Innovation. The conversion was done through www.oanda.com.

ZD Ventures Corporation (OTCPK:ZDVN) cancelled acquisition of Bluesence Innovation Group S.L. on March 31, 2015. The transaction was cancelled due to disagreements over certain terms of the acquisition.