Irwin Naturals Inc. (OTC: IWINF) has terminated the non-binding amended and restated letter of intent (LOI) for a business combination with medical research and telemedicine company Braxia Scientific Corp. (OTC PINK: BRAXF).

CEO Klee Irwin said the decision was based on a “lack of a clear business rationale” for the company to move forward with the transaction.

See also: Irwin Naturals Secures $40M To …

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