HUTN Inc. (HUTN)

[Arthur Edward Whoof]

TWYF-
On August 8, 2014, we entered into a non-binding letter of intent pursuant to which we will effect a business combination pursuant to an asset purchase agreement whereby we will acquire substantially all the assets of EFH Group, Inc. (“EFH Group”), with Twentyfour/seven remaining as the surviving corporation and operating under the name EFH Group, Inc. These assets include the trademarks and Canadian trademark license rights owned by EFH Group, Inc. The wholly-owned subsidiary, A Alpha Bail Bonds, will be spun-off in this transaction. It is anticipated that closing will occur during the week of November 16, 2014.
This is consistent with the Board of Director’s strategic decision to expand and diversify our lines of business. Upon the closing of the asset acquisition, we expect to expand into new lines of business.
We intend to be a national provider of financial services to individuals, corporations and institutions.
These services are to include financial planning, investment advice, asset management and private equity. We intend to deliver services through a network of affiliates who are independent professional financial advisors and agents.

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