	carolco pictures crc orbis in agreement carolco pictures inc said it signed a letter of intent to exchange mln of its shares for all orbis communications inc stock within the next days it said the carolco shares used in the exchange are valued at dlrs a share or a total value of mln dlrs and will be adjusted based on the price of carolco shares on the closing date it said orbis management will remain in place for at least three years reuter 
