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Re: DRoe post# 19127

Monday, 04/20/2015 11:55:29 AM

Monday, April 20, 2015 11:55:29 AM

Post# of 25333
You forgot to read this.......

NOTE 13 – SUBSEQUENT EVENT

In January 2015, the Company entered into a joint venture agreement with Mobil Lads, Corp, to acquire 60% of Simbadeals North American licensing rights, for $700,000 value of Mobile Lads Corp common stock and $225,000 in cash. The cash will be used by Domark to pay off the existing licensing responsibilities to Wazzamba ( the program developer of Simbadeals). Mobil Lads Corp will manage the future of Simbadeals and will be fully responsible for all future funding requirements of the operation. Domark will retain a 25% interest in the Joint Venture. As of February 28, 2015 the Joint Venture payment to Domark International, Inc. from Mobil Lads, Inc. has not been made.



The $ 225,000.00 that MOBO has to pay DOMK is not included as of the date of the filing.

Whatever I post after 8:00 PM EST don't take it seriously because the Vodka may be running thru my arteries...!!

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