 VANCOUVER, British Columbia, Aug. 04, 2021 GLOBE NEWSWIRE -- Liquid Media Group Ltd. the Company, Liquid Media or Liquid Nasdaq: YVR today announced the signing of a letter of intent the LOI to acquire Digital Cinema United Holding Ltd . DCU, which provides content supply chain technology and services supporting independent intellectual property IP owners, producers, sales agents, alternative content distributors, downstream media platforms and studios. Under the terms of the LOI, Liquid would acquire DCU for up to 3,750,000 shares, and DCU must achieve revenues totalling over US15M to trigger two of the three equal tranches. Additional cash will be invested in DCUs ongoing operations, beginning with immediate availability of a secured bridge loan in the amount of 1.15M, to be applied towards working capital and growth of its business. 