ITEM 8.01 - OTHER INFORMATION

On June 02, 2021, BioForce Nanosciences Holdings, Inc. (BFNH), a Nevada Corporation, entered into Memorandum of Understanding ("MOU") with Element Global, Inc., a Utah Corporation which publicly trades under the symbol ELGL. The MOU sets forth the general terms and conditions for a potential merger, to which BFNH and the ELGL have jointly agreed to the following:

A. Element Global, Inc. (ELGL) has subsidiaries and specific assets;

B. ELGL (Seller) desires to sell itself, its subsidiaries, and its assets, and BFNH (Buyer) desires to purchase all of the assets from or controlled by ELGL and its subsidiaries, fully take control from ELGL and its subsidiaries, and conduct business activities with the ELGL Assets.

BFNH desires to acquire 100% of ELGL, its subsidiaries and its assets, and ELGL desires to sell the Company, its subsidiaries, and assets to BFNH.

Upon successful due diligence and other customary document presentations, BFNH and ELGL believe that a final definitive agreement could consummate itself, timely.

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