Modern Mobility Aids, Inc. Terminates LOI with 2539296 Ontario Limited

TORONTO, ON / ACCESSWIRE / May 31, 2018 / Modern Mobility Aids, Inc. (OTC PINK: MDRM) (the ”Company”), announced today that the Company and 2539296 Ontario Limited mutually agreed to terminate the Letter of Intent between them dated October 12, 2017.

”MDRM will renew and strengthen it’s commitment to the company’s core business plan to develop medical cannabis related businesses in Canada and globally and we are reviewing opportunities in the continuously developing Cannabis industry ”stated Tito Dimarco, CEO.

About Modern Mobility Aids, Inc.

Modern Mobility Aids, Inc. is a development stage company that focuses on the health and wellness bio medical industry including production of medical marijuana. The company was founded on December 19, 2007 and is headquartered in Toronto, Canada.

For more information please contact:

Tito DiMarco, President, Treasurer and Secretary
Email: tdimarco@mdrminc.com
Tel: 416-890-0482

Safe Harbor

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ”Act”). In particular, when used in the preceding of discussion, the words ”excited,” ”plan,” ”believe,” ”intends,” ”expects,” ”focused on” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. There are no guarantees or assurances that any initiatives or negotiations will result in what the company had originally intended. Any investment made into Modern Mobility Aids, Inc., would be classified as speculative and risky. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the company’s products and technologies, competitive factors, the ability to successfully complete additional or adequate financing, government approvals or changes to proposed laws and other risks and uncertainties further stated in the company’s financial reports and filings.

SOURCE: Modern Mobility Aids, Inc.

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