INCC Executes Definitive Agreement to Acquire SoundTech AI, Inc. ACCESSWIRE SARASOTA, FL / ACCESSWIRE / July 15, 2021 / International Consolidated Companies, Inc. (OTCPink: INCC), executed a letter of intent on July 2, 2021 to acquire SoundTech AI, Inc.; and subsequently entered into a definitive agreement to acquire SoundTech AI, Inc., today with a closing on or before July 30, 2021. Under the terms of the agreement, INCC will acquire all of the outstanding SoundTech AI shares for preferred X stock valued at $150 million. SoundTech AI (STAI) has developed an unprecedented Next Generation 360 Immersive Audio Experiencedelivered through its proprietary software that bridges quantum computing artificial intelligence to transform sound and music forever.