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Slide #28. Worlds Online — Sigal Consulting
Worlds Online (NASDAQ:WORX)
Worlds Online Inc. (OTCBB: WORX) ("WORX") has signed a Letter of Intent (LOI) to acquire Sigal Consulting LLC ("Sigal"). The proposed acquisition would diversify WORX's operational business into the growing licensed medical marijuana industry, a result of WORX's exploration of new business opportunities to create value for its shareholders.
SCWorx is a provider of data content and services related to the repair, normalization and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. Co. has developed and markets health care information technology solutions and associated services that improve healthcare processes and information flow within hospitals and other healthcare facilities. Co.'s software enables a healthcare provider to organize its data (data normalization), allows the data to be utilized across various internal software applications (interoperability) and provides the basis for sophisticated data analytics (big data).
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