New Golfcoin website blog post:
"A formal "Letter of Intent" was signed one week ago with the new management team. We are waiting for the full legal documents to be completed, which should occur this week. All of the major issues have been addressed and agreed to. Essentially, we have been in a waiting phase for the past 30 days, dependent on legal firms to complete tasks.
Behind the scenes, the new team is hard at work. Once they come on board and take over day-to-day management, Golfcoin should really take off. Exciting times lie just ahead."