Kelvin Medical, Inc. (KVMD)

[TraderSoup]

RIP OFF NOTICE !

There is no one running the company and no products to sell !!! JESUS!

A married couple scamming investors !! Beware ! The company doesn't even own the patent !!! Good lord !!

Interesting group of characters. The chairman, Margie Austin, is a full time PhD therapist in Nevada City, California

https://www.theunion.com/news/local-news/positive-feedback-nevada-city-psychotherapist-adds-new-dimension-to-practice/

The CEO, William Mandel, works full time for Eigen, Inc. in Grass Valley, California

https://app.lead411.com/William_Mandel_9081383.html

Sharon Mitchell, a lawyer in Michigan who prepared and filed Form S1 under the name of S-1 Services, LLC is the same lawyer who did S-1 filings for a list of defunct companies !!!

http://www.otcmarkets.com/research/service-provider/SD-Mitchell-&-Associates-PLC?id=3283&b=n&filterOn=3

The S-1 filing says;

CONSULTING AGREEMENT

On June 1, 2016, the Company entered into a consulting agreement with a consultant who is in the business of assisting private companies in the process of going public and getting listed on the OTC Pink through the Form S-1 Registration. Under the terms of the consulting agreement, the Consultant shall provide certain services with respect to the Form S-1 Registration Statement, from commencement and preparation of the Form S-1 to receipt of Notice of Effectiveness, retention and payment of the required legal and accounting professionals, and thereafter to work with a market maker to provide a completed and accepted Form 15c2-11 with FINRA, DTC eligibility, a trading symbol and listing on OTC Pink. As compensation under the consulting agreement S-1 Services LLC, the consultant, received 3,000,000 shares of the Company’s common stock at $0.02 per share for a value of $60,000.


3.
PATENT LICENSE AGREEMENT

On May 10, 2016 the Company entered into a patent license agreement with Oasis Medical Solutions, a sole proprietorship organized in the State of California (“Licensor”) under which the Licensor desires to grant and the Company desires to accept an exclusive license of the Patent for the building of, and use of, machines incorporating the Patent’s technology under certain terms and conditions. Both of the parties agree that the ownership of the Patent and the goodwill relating thereto, and any associated improvements, whether developed by the Company, or both parties jointly, shall remain vested in Licensor both during the term of the agreement and thereafter, and the Company further agrees never to challenge, contest or question the validity of the Licensor’s ownership of the Patent or any associated registrations therewith.