On July 28, 2021, The OLB Group, Inc. ('we,' 'us,' 'our,' and the 'Company') entered into an exclusive agreement with Cai Energy Blockchain, Inc. ('CAI') whereby CAI will provide the Company with the exclusive ability to enter into a natural gas supply agreement (the 'Services'). In exchange for the Services, the Company granted CAI options to purchase up to 767,918 shares of Common Stock, $0.0001 par value at an exercise price of $0.0001 per share. The natural gas will be used in connection with the Company's, newly launched, cryptocurrency-related business.
Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number
Exhibit Description
10.1
Exclusive Agreement dated July 28, 2021 by and between The OLB Group, Inc. and CAI Energy Blockchain, Inc.
10.2
Option Grant Letter to CAI Energy Blockchain, Inc. dated July 28, 2021.
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OLB Group Inc. published this content on 03 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 22:04:02 UTC.
The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise. Its eCommerce platform delivers cloud-based merchant services for a comprehensive digital commerce solution to over 10,300 merchants in diversified market sectors in all 50 states. Its business functions through three subsidiaries, eVance, Inc. (eVance), OmniSoft.io, Inc. (OmniSoft), and CrowdPay.Us, Inc. (CrowdPay). OmniSoft operates a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses. eVance provides competitive payment processing solutions to merchants, which enable merchants to process credit and debit card-based internet payments for sales of their products. CrowdPay.US operates a white label capital raising platform that targets small and midsized businesses seeking to raise capital. DMint, a subsidiary of the Company, is engaged in the mining of Bitcoin in Tennessee.
THE OLB GROUP, INC. 
