Sun Kissed Industries Inc. (OTCPK:SKDI) signed a letter of intent to acquire Hakuna Supply on November 7, 2019. Sun Kissed Industries Inc. signed a definitive agreement acquire Hakuna Supply on November 25, 2019. The letter of intent represents an agreement to pursue a transaction in which 100% of the issued and outstanding shares of Hakuna will be purchased through a definitive stock purchase agreement by Sun Kissed on or before November 22, 2019. Sun Kissed Industries announce that, in preparation for the upcoming closing of its acquisition of Products Supply Group, it is reducing its authorized shares from the current figure of 10 billion shares to 1.2 billion shares only. As of November 25, 2019, the transaction is expected to close on, or before December 12th, 2019. As of February 4, 2020, the transaction is expected to close on February 5, 2020. Sun Kissed Industries Inc. (OTCPK:SKDI) completed the acquisition of Hakuna Supply on February 5, 2020.