Civergy, Inc. entered into a definitive agreement to acquire Mount Knowledge Holdings,Inc. (OTCPK:MKHD) in a reverse merger transaction on September 29, 2014. As a part of consideration, MKHD shall issue 12.80 series C preferred stock. Pursuant to share exchange, shareholders of Civergy, Inc. will become the majority owners of the MKHD. Civergy, Inc. generated more than $35 million in revenue (unaudited) in 2013.

The Directors and officers of Civergy, Inc. immediately prior to the completion of transaction shall be the Directors and officers of surviving entity. The Boards of Directors of MKHD (unanimous approval) and Civergy, Inc. have approved the merger. The completion of transaction is subject to approval by shareholders of Civergy, Inc, limited dissenter's rights, resignation by MKHD's Directors, appointment of new Directors and officers, liabilities of MKHD shall not be more than $0.001 million and should have at least 3,000 million shares in authorized capital stock of which 204.2 million should be issued and outstanding. The transaction is expected to close on October 1, 2014.

Vik Grover of Source Capital Group, Inc. acted as financial advisor and George Kaufman of Chardan Capital Markets, LLC acting as lead placement agent and financial advisor for Civergy, Inc. Gregg E. Jaclin of Szaferman, Lakind, Blumstein & Blader, P.C. acted as legal advisor for Mount Knowledge Holdings, Inc. Andrea Cataneo of Sichenzia Ross Friedman Ference LLP acted as legal advisor for Civergy, Inc.