LottoGopher a lottery messenger service that allows users to easily order and manage their state lottery tickets online and operator of FreeLotto.com, a sweepstakes website and one of the largest online marketing and free member acquisition companies in the world, today announced the signing of a non-binding letter of intent to amalgamate and combine its business with Bravio Technologies.

If the Transaction is completed, LottoGopher would acquire all of the issued and outstanding shares of Bravio in exchange for shares of LottoGopher. The Transaction is expected to constitute a reverse takeover of LottoGopher and the newly combined company is expected to be named “Bravio Technologies.” The definitive share exchange ratio will be determined by LottoGopher and Bravio following due diligence and in connection with entering into definitive documentation.

As a result of the Transaction, the operations of Bravio and LottoGopher will be combined to provide the newly formed enterprise with faster and deeper market penetration across all business verticals. The verticals include LottoGopher’s lottery messenger service, Bravio’s commercialized music App, social App, fantasy sports platform, sports foundation lotteries and its own global messenger service.

In addition, LottoGopher’s recent acquisition of PlasmaNet with its unique lottery delivery and sales platform – Freelotto.com – will add a significant acquisition model to the Bravio assets. Freelotto.com is a proven direct marketing website that offers both free memberships as well as a paid subscription service for its daily sweepstakes games, attracting over 65 million members and billing over USD $145 million in credit card transactions to date. Currently, Freelotto.com boasts over 7.3 million unique visitors per month. The combined enterprise will create a global technology business with sophisticated technology, revenue generating assets and vast industry knowledge.

Upon completion of the Transaction, it is anticipated the board of directors of “Bravio Technologies” will consist of up to five members, with the officers being James Morel, David van Herwaarde, Paul Carroll and such other persons as designated by the board.