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Findex Com Inc (FIND)

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Last Post: 2/4/2021 10:02:52 AM - Followers: 42 - Board type: Free - Posts Today: 0

Item 1.01. Entry into a Material Definitive Agreement.


On February 3, 2019, Findex.com, Inc. (the “Company,” “we,” “us,” “our”) entered into an agreement with Ducora, Inc., a Florida corporation engaged in the direct marketing of certain consumer products (“Ducora”), to assign and sell to Ducora a patent owned by the Company, together with certain related and proprietary trade secret information, the subject of which is a process for producing a certain coating product usable on automobiles and motorcycles, among other potential surfaces. In exchange for the conveyance of this intellectual property, which was effective immediately upon execution of the agreement, the Company received a one-time cash payment in the amount of USD$150,000.


The subject agreement, labeled a Patent & Trade Secret Assignment Agreement, contains usual and customary provisions for agreements of this type, including certain material confidentiality and non-compete provisions.


Although there can be no assurance, and no definitive agreement has yet been reached, it is expected by Company management that, at least for some period of time commencing in the first half of 2019, the Company will produce for Ducora the coating product the rights to which Ducora acquired in the transaction and which products are expected to be marketed by Ducora into the automotive and motorcycle vertical markets and channels. In the event that an agreement is reached on this contemplated production arrangement, it is further expected by management that the Company would be compensated on a fixed per-unit, cost-plus contract basis. There is no available estimate at this time as to projected unit count likely to be involved under any such arrangement, or projected gross revenue or margin to be realized by the Company in the event it materializes.


The foregoing description of the Patent & Trade Secret Assignment Agreement does not purport to be complete and is qualified in its entirety by the Patent & Trade Secret Assignment Agreement itself, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.58 and incorporated herein by reference.

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#1587   BOOM ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ROBTRAP 02/04/21 10:02:52 AM
#1586   This is a real company making real money. Lol jindal 01/08/21 09:03:45 AM
#1585   Thanks, a friend told me about this company. jindal 01/04/21 06:49:15 PM
#1584   Jindal.. well that post you refer to is Timing101 01/04/21 06:31:51 PM
#1583   What is your opinion on this stock going jindal 01/04/21 05:24:02 PM
#1582   I've had these garbage non negotiable shares locked Upset Wookie 12/09/19 02:53:35 PM
#1581   8-K out... CrazyC 08/30/19 03:22:35 PM
#1580   Won't be dilution until the loan matures and Zardiw 06/26/19 08:40:07 AM
#1579   $FIND -- just doing a little DD here, passes some Timing101 06/26/19 08:35:54 AM
#1578   FORM 3 filing just out.. CrazyC 06/25/19 03:35:54 PM
#1577   Moving today on a FORM 4 filing from CrazyC 06/25/19 10:37:15 AM
#1576   News is out... CrazyC 06/17/19 11:40:11 AM
#1575   Dilution at just 1 million shares????? Garyst 06/13/19 03:32:00 PM
#1574   Um it’s Called dilution Awl416 06/13/19 12:57:35 PM
#1573   People R missing this! 80% of debt gone. Garyst 06/13/19 12:15:09 PM
#1572   FIND~~NEWSSS NEWS FindEx Announces 81% Debt Elimination as ALERTS100%to10000%GAIN 06/13/19 11:12:18 AM
#1571   lol 8-k death... This is how crooked otc EmptyBones 06/08/19 03:29:17 PM
#1570   This is gonna be a good. Holding for BillTheTrader 02/02/19 12:23:32 PM
#1569   I wonder what they are going to be BillTheTrader 02/02/19 12:22:52 PM
#1568   Cement. Is the new thing. BillTheTrader 02/02/19 12:22:01 PM
#1567   FIND...01...Reinstatement...https://www.nvsos.gov/SOSEntitySearch/CorpActions.as georgie18 01/31/19 06:01:31 PM
#1566   https://www.otcmarkets.com/filing/html?id=13151599&guid=J5mtUn5GrJ_F13h 81vette 01/31/19 12:45:53 PM
#1565   Hmmmmmmm.... :) BillTheTrader 01/31/19 12:18:30 PM
#1564   FIND Reinstatement on NVSOS SRV1975 01/31/19 12:11:27 PM
#1563   Yep restricted sleepingGiants 01/31/19 08:26:04 AM
#1562   I haven’t tried to sell yet so I’ll sleepingGiants 01/31/19 08:17:31 AM
#1561   nice so did you have to do anything koolmc 01/30/19 05:12:13 PM
#1560   I got mine I’m thinking FIND is going sleepingGiants 01/30/19 03:48:59 PM
#1559   anybody got their shares unrestricted? koolmc 04/16/18 10:55:41 AM
#1558   Whats going on here Flip 12/20/17 11:24:24 AM
#1557   Looking good again here blade Flip 12/14/17 10:19:20 PM
#1556   Interesting action right before close. Did anyone else Upset Wookie 04/11/17 04:17:51 PM
#1555   Just not very many shares to be had blademan 02/08/17 03:49:55 PM
#1554   blade, FIND looking very thin indeed. GREGG THE GREEK 02/08/17 03:44:24 PM
#1553   There's been major accumulation going on here. Does blademan 02/08/17 03:02:45 PM
#1552   It's getting exciting here. My shares are negotiable Upset Wookie 02/08/17 02:59:16 PM
#1551   FIND looking for .10c break. blademan 02/08/17 09:53:52 AM
#1550   Indeed Greg!! Hearing the perfect storm brewing. FIND blademan 02/07/17 10:26:31 PM
#1549   Some nice action here recently. GREGG THE GREEK 02/07/17 10:20:00 PM
#1548   I think it's coming!!FIND blademan 02/07/17 07:24:46 PM
#1547   Been here on and off for several years roger wilco 02/07/17 07:02:09 PM
#1546   Lots of loading here today. I'm hearing big blademan 02/07/17 06:23:02 PM
#1545   Sheepwolf, Upset Wookie 02/07/17 03:20:01 PM
#1544   In reference to restricted shares, the following what SHEEPWOLF 02/07/17 02:58:35 PM
#1543   Continental Stock Transfer is the agent. I am Upset Wookie 02/07/17 01:01:29 PM
#1542   I just got off the phone with TD Upset Wookie 02/07/17 12:56:57 PM
#1541   TD still hasn't responded to my message. Upset Wookie 02/06/17 01:02:18 PM
#1540   Are they ok to be freed up yet?if chgoboy 02/06/17 10:07:06 AM
#1539   Nice 8K out today. Got these shares as Upset Wookie 02/03/17 11:01:40 AM
#1538   I sent a message to TD. I'm going Upset Wookie 01/31/17 03:09:43 PM
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