Madison Technologies Inc (MDEX)

[Sobek]

Nice 8-K today, some DD included in post:

Item 1.01 Entry into a Material Definitive Agreement

Pursuant to the terms and conditions of a product license agreement dated September 16, 2016 between Tuffy Packs, LLC and Madison Technologies Inc. Tuffy Packs has granted an exclusive license to Madison for the distribution of Tuffy Pack’s product line into the United Kingdom and 43 European countries. According to the terms and conditions of the product license agreement Madison will pay an aggregate amount of $50,000 for the exclusive license to distribute Tuffy Packs’ product line. See Exhibit 10.5 - Product License Agreement for more details.

Tuffy Packs manufactures a line of custom inserts that provide a level of personal protection from ballistic threats similar to what law enforcement officers wear daily as bullet proof vests. The ballistic panels conform to the National Institute of Justice (NIJ) Level IIIA threat requirements.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11597470


http://tuffypacks.com/


Only $271K in Total liabilities

Revenue potential in 44 countries


Average 30 day volume: 20 shares

Average 10 day volume: 0 shares

Today's volume on 8-K news: 77,738


SEC current filer http://www.otcmarkets.com/stock/MDEX/filings