Select-TV Solutions, Inc. (OTCPK:SELT) entered into an agreement to acquire Select-TV Solutions (USA), Inc. on July 18, 2014. Under the terms, Select-TV Solutions will issue 1.25 shares for each share of Select-TV Solutions (USA) or 49.7 million shares as well as 6 million shares pursuant to a convertible promissory note of CAD 0.15 million, maturing December 31, 2014, issued by Select-TV Solutions (USA) in favor of Vector Resources or 55.7 million shares in total. Select-TV Solutions, Inc. will assume the obligations under the vector note and will agree to convert the principal amount of such vector note within the framework of a financing concurrent with the transaction The deal does not require the approval of the shareholders of Select-TV Solutions, Inc.

Select-TV Solutions, Inc. (OTCPK:SELT) completed the acquisition of Select-TV Solutions (USA), Inc. on July 31, 2014.