Worksport Ltd (WKSP)

[2times2]

CEO e-mail from february:

We will be looking to keep all shareholders up to date as matters progress with FNHI as well as the wholly owed subsidiary, Truxmart.

· There are no further increases of authorized shares planned. There are enough shares.
· We will not take any future convertible notes and will look for private placements or institutional funding
· Gun Powder will loan, at a rate of 18% per year (which is palatable for us with our Gross Profit Margin); up to $500,000. Based on the foreseeable increase of revenues, we will piggy back a equity raise at favorable rates for our future and final growth and development of our future key products.

Truxmart is progressing rather nicely in both the US and Canadian markets – we are constantly filling and receiving orders, so there is a strong appetite for our product lines.

As announced previously, we are working with GunPowder capital to list our OTC stock in Canada on the Canadian Stock Exchange (CSE) – from there we will be looking to raise capital to drive 2017/18 revenues towards our projections of between $5,000,000 to $10,000,000 – which we feel strongly as a very realistic target.

Warmest regards,

Steven Rossi
Truxmart