CME Realty, Inc. (OTCBB:CMRL) entered into a letter of intent to acquire Rock N Roll Imports, Inc. for $40 million in stock on April 22, 2015. As per the agreement, CME Realty will issue 50 million shares as consideration. The transaction is subject to completion of due diligence, obtaining financing, execution of definitive transaction documents, preparation of audited and unaudited financial statements for Rock N Roll Imports and financing.

CME Realty, Inc. (OTCBB:CMRL) cancelled the acquisition of Rock N Roll Imports, Inc. on July 31, 2015. The transaction was terminated as a result of the inability to agree upon the terms of definitive transaction documentation.