EcoSmart Surface and Coating Technologies Inc. entered into a binding letter of intent to acquire Findex.com Inc. (OTCPK:FIND) in a reverse merger transaction on October 29, 2013. EcoSmart Surface and Coating Technologies Inc. entered into merger agreement to acquire Findex.com Inc. (OTCPK: FIND) in a reverse merger transaction on January 23, 2014. Under the transaction, 80% of Findex.com's stock would be issued as consideration for assets or common stock of EcoSmart. Subsequent to closing of the transaction, the business operations of the EcoSmart entities will comprise the business operations of Findex.com. Following the closing, the Board of Directors of Findex.com shall consist of two current Board members of Findex.com and three members that shall be appointed by The Renewable Corporation (OTCPK:RNWB), parent of EcoSmart, including Joseph Alvarez, the current Chief Operating Officer of EcoSmart, who would be Chief Executive Officer of Findex.com and Steve Malone, currently President and Chief Executive Officer of Findex.com.

The letter of intent may be terminated by mutual written consent at any time on or after November 28, 2013 if and to the extent that definitive agreement has not been executed. The closing of the acquisition is subject to several conditions, including without limitation, satisfactory completion of the due diligence investigation, third-party consents, consent from Findex.com's and The Renewable Corporation's lenders, creditors, vendors and/or lessors and execution of a definitive purchase agreement. The execution of definitive agreement is subject to approval by the Board of Directors of Findex.com and The Renewable Corporation. The transaction is also subject to approval from shareholders of Findex.com Inc. and execution of employment agreement with Steven Malone. At the closing, the name of Findex.com Inc. shall change to EcoSmart Technologies, Inc. Michael M. Membrado of M.M. Membrado, PLLC acted as a legal advisor for Findex.com, Inc.

EcoSmart Surface and Coating Technologies Inc. completed the acquisition of Findex.com Inc. (OTCPK:FIND) in a reverse merger transaction on July 23, 2014.