MJ Harvest Inc. (MJHI)

[adijas]

2016/2017 annual filing out

NOTE 5–SUBSEQUENT EVENTS

In November 2017, the Company went through a reorganization process, which involved the following measures:

• Two additional directors were appointed to the Board of Directors. The directors are David Tobias and Patrick Bilton, and they will serve on the board until the next shareholders’ meeting.

• The Company paid $175,000 to a California corporation, Original Ventures, Inc. for a 51% ownership interest in a newly formed entity known as G4 Products, LLC. G4 Products, LLC is a limited liability company domiciled in Nevada. The purchase price was paid in $50,000 of cash and 500,000 shares of the Company’s common stock at $0.25 per share.

• The Company also formed Agroexports, LLC, a Nevada limited liability company. EM Energy, Inc. owns 100% of Agroexports, LLC.

• The Company deposited $10,000 with a patent attorney to convert a US provisional patent application to a non-provisional US utility patent application, in connection with a device developed in connection with the Company’s acquisition of 51% of G4 Products, LLC.

Through this reorganization and redirection process, EM Energy, Inc. has abandoned any further efforts to be involved in the oil and gas industry and is planning to raise the requisite capital to further develop and market products related to the cannabis industry.

https://backend.otcmarkets.com/otcapi/company/financial-report/190635/content