03:00 PM EST - Innovative Properties Inc. : said that it has executed a Letter of Intent to acquire all of the issued and outstanding shares of the property management firm Dynamic Integrated Marketing Enterprises Inc., of Halifax, Nova Scotia or DIME. Innovative Properties proposes to pay $450 thousand for all of the common shares of DIME with a combination of shares of INR, cash, and a convertible debenture. Innovative Properties Inc.
shares V.INR are trading unchanged at $0.04.