CannaSys Inc. (fka MJTK)

[NioStar]

LIES LIES LIES

ITEM 5.02—DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On February 23, 2018, Patrick G. Burke resigned as our chief operations officer, president, treasurer, secretary, and director. Accordingly, we entered into a Termination, Settlement, and Mutual Release Agreement, a Cancellation of Grant of Restricted Stock, an Amendment to Promissory Note, and a Promissory Note with Mr. Burke to provide the terms of Mr. Burke’s termination and resignation and payment of our obligation for severance pursuant to his employment agreement.