Cannasys, Inc. signed a letter of intent to acquire Thermal Tennis, Inc. (OTCBB:TTNS) in a reverse merger transaction on June 20, 2014. Cannasys, Inc. entered into an agreement to acquire Thermal Tennis, Inc. (OTCBB:TTNS) in a reverse merger transaction on August 14, 2014. Thermal Tennis will issue 6 million shares to Cannasys which represents 57.7% of Thermal Tennis.

On completion, Randon C. Jennewine will join Robert Deller, Thermal Tennis incumbent Director to form a two-person Board of the Thermal Tennis. Thermal Tennis will appoint the principal stockholders of CannaSys as the principal officers. The transaction is subject to approval by the Board and shareholders of Thermal Tennis Gary R. Henrie acted as legal advisor to Thermal Tennis, Inc. Terrell W. Smith of Kruse Landa Maycock & Ricks, LLC acted as legal advisor to Cannasys.

Cannasys, Inc. completed the acquisition of Thermal Tennis, Inc. (OTCBB:TTNS) in a reverse merger transaction on August 14, 2014.