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 VANCOUVER, BC -- Carl Data Solutions Inc. (CSE:CRL, FSE:7C5, OTC:CDTAF) (“Carl Data”), would like to update Investors following the expiration of the due diligence period allotted for reviewing the proposed acquisition of Infocube Technology Ltd. (“Infocube”).  After careful consideration, Carl Data has decided not to go forward with the deal under the terms previously negotiated and released publicly (“CARL DATA SIGNS LETTER OF INTENT TO ACQUIRE INNOVATIVE IDC COMPANY WITH STRONG TIES TO ASIAN MARKETS“ April 14, 2020).   Following the signing of the initial Letter of Intent (LOI), ... [ more ]