3am Technologies, Inc. signed a letter of intent to acquire 3AM Enterprises, Inc. for $0.025 million on February 1, 2016. The percentage of the purchase price to paid in cash and the percentage to paid in equity will be negotiated by the parties. Any terms and conditions that raise the value above the main purchase consideration of $0.025 million shall be mutually negotiated and described in the terms of the definitive asset purchase agreement. The completion of the acquisition is subject to 3AM Enterprises completing its audit to the satisfaction of our management team and our company completing a financing in excess of $0.025 million. 3am Technologies will issue a gross profit of $0.04 million of new shares by public listing, 50% of which will be use to complete the acquisition of 3AM Enterprises. The expected closing shall take place on or before February 1, 2017. 3am Technologies, Inc. completed the acquisition of 3AM Enterprises, Inc. on February 1, 2017.