Clearwave Telecommunications, Inc. (OTCPK:CWTC) entered into an agreement to acquire World Nation Live Entertainment Inc. on October 26, 2015. According to the agreement, pursuant to the agreement, the shareholders of World Nation Live Entertainment, Inc. will become the largest shareholders of Clearwave Telecommunications, Inc. Under the new agreement, specific directors and officers of Clearwave Telecommunications, Inc. have resigned and will be replaced by designees of World Nation Live Entertainment, Inc. Darryl Payne will be the new Chief Executive Officer of Clearwave Telecommunications, Inc. There will be a name change of Clearwave Telecommunications, Inc. to World Nation Live Entertainment, Inc. and a symbol change to be advised upon completion of appropriate filings with FINRA. Clearwave Telecommunications, Inc. (OTCPK:CWTC) cancelled the acquisition of World Nation Live Entertainment Inc. on October 26, 2016.