Item 8.01 Other Events
The current management has terminated Tesh Casimir services as CEO of the
Company.
Miro Zecevic has been named the new interim management and will be the
President, Secretary and Treasurer.
The new management has made a settlement with existing creditors to compromise
debt effective December 1, 2020.
The company has terminated the services of its current transfer agent Issuers
Direct effective December 11, 2020.
The company has secured the services of a new transfer agent Pacific Stock
Transfer effective December 11, 2020.
The controlling shareholder, Tesh Casimir, has entered into a share purchase
agreement with Emry Capital to sell 10.3 million shares of common shares,
effectively the control block for $50,000 less costs.
The transaction closed on December 4, 2020. The selling shareholder was unable
to produce the 10.3 million share control block share certificate as he claimed
as lost. The incident was reported to the transfer agent and the bond issuance
company. The share price at the time for the issuer was $0.0011.
Item 9.01 Financial Statements and Exhibits
(d)
10.1 Stock Purchase Agreement
10.2 Agreement to Compromise Debt
10.3 Transfer Agent Termination Letter
10.4 Complaint filed with the State of Florida
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