Experience Art and Design Inc. "EXAD" would like to take this time to update shareholders on the future of the Company.
EXAD has been working to close a transaction with a multimillion dollar revenue producing company with positive net income. We have worked out a frame work of a Triangular Reverse Merger which includes EXAD filing its 1 st quarter report and obtaining DTC access. The incoming company must supply audited financials for the last two years and the first 3 months of this year.
EXAD received its refund back this week from the attorney it hired to assist the Company with entering the DTC System, EXAD will now in the coming days hire Island Stock Transfer as we have mentioned before.
The audit of the incoming is slated to begin the week of May 22, 2017 and anticipated to take up to six weeks to complete.
EXAD will be filing a 14c regarding the transaction in the beginning of June, once the 14c has been filed it will take approximately forty five days to complete the Reverse Merger.
All current officer and directors of EXAD will resign at closing and the incoming company will assume control.
WE MUST ALL REALIZE THE DIFFERENCE BETWEEN HOPE & EXPECTAION BASED ON GIVEN FACTS.
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