ITEM 1.02. Termination of a Material Definitive Agreement.
On October 22, 2021, the Company provided written notice of termination to
Kingpins International, Inc. ("Kingpins") as a result of Kingpins' breach of the
Definitive Share Purchase Agreement, as amended, (the "Agreement") between
Kingpins and the Company. Per the Agreement, the termination occurred after
Kingpins was provided written notice of its breach and given ten (10) days to
cure the breach. Kingpins and the Company are currently in discussions to
renegotiate terms and settle any potential damages and liabilities arising from
Kingpins' breach of the Agreement.
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