everyStory, Inc. entered into an acquisition and share Exchange agreement to acquire Knowledge Machine International, Inc. (OTCPK:KNMX) in a reverse merger transaction on July 1, 2016. Knowledge Machine International, Inc will undergo a reverse split of the outstanding common shares prior to closing at a ratio of approximately 1:6. Upon closing KMI would issue 24 million post-split shares to EveryStory and would retain 16 million shares. The transaction is subject to completion of private offering, completion of Reverse Stock Split, KMI divesting its subsidiary and having a minimum cash of $0.5 million on closing. The transaction is approved by the Board of The agreement may be terminated upon mutual consent, or if certain conditions are not met. EveryStory may terminate the agreement if closing does not occur by August 5, 2016, and KMI may terminate it if closing does not occur by September 5, 2016. The effective date of the Closing subject to the satisfaction of all conditions herein shall take place on or before August 5, 2016. As of August 10, 2016, the closing date has been extended to September 6, 2016. Ronald N. Vance of The Law Office of Ronald N. Vance & Associates acted as legal advisor for Knowledge Machine International, Inc. and C. Parkinson Lloyd of Kirton McConkie acted as legal advisor for everyStory, Inc.