Sonasoft Corp. (OTCPK:SSFT) signed a non-binding letter of intent to acquire Cornerstone Technologies, LLC on January 3, 2018. Sonasoft Corp. entered in to an agreement to acquire Cornerstone Technologies, LLC on May 01, 2018. Sonasoft will also acquire all related interests and assets. Additionally, both companies will undergo an independent audit prior to finalizing the acquisition. Once completed, Sonasoft expects to up-list to OTCQB and become a fully reporting company. Cornerstone Technologies will continue to operate as a wholly owned subsidiary of Sonasoft under the management of Frank Velasquez, founder Cornerstone. The closing is subject to the completion of due diligence, execution of definitive agreement, approval by the shareholders of Cornerstone Technologies and Sonasoft Corp, board approval and audit of both companies’ financial statements.