Aug 10 (Reuters) - Moxian Inc MOXC.O :
* MOXIAN SIGNS A LETTER OF INTENT WITH BTAB GROUP, INC
* MOXIAN INC - CO, BTAB GROUP WILL FURTHER NEGOTIATE, AND IF TERMS ARE AGREED, ENTER INTO A MERGER AGREEMENT FOR A BUSINESS COMBINATION
* MOXIAN INC - CONTEMPLATED THAT COMPANY WILL ISSUE BOTH COMMON AND PREFERRED SHARES IN EXCHANGE FOR COMMON SHARES OF BTAB
* MOXIAN - ANY MERGER WITH BTAB WILL BE SUBJECT TO CERTAIN CONDITIONS, INCLUDING SATISFACTORY COMPLETION OF DUE DILIGENCE, AUDIT OF FINANCIAL STATEMENTS