Thursday, August 17, 2017 11:28:19 AM
Following the merger, on November 8, 2016, all intellectual property pertaining to “Simple Cork” was
transferred by the Issuer into a new, wholly-owned subsidiary, “Simple Cork, Inc.” incorporated by the Issuer in the
State of Florida. By the end of 2017, Simple Cork, Inc., plans to go-to-market nationally and internationally with the
Simple Cork product.
On July 14, 2017, the Issuer was granted its first patent for “Simple Cork” by the French government.
All Company products are made for it by third-party manufacturers under specific manufacturing agreements.
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