Iota Communications Inc. (fka IOTC)

[Quintessence]

SC-14C out regarding name change to Iota Communications!

https://www.otcmarkets.com/filing/html?id=12942489&guid=yGtEUaSmWjq5_3h

REASON FOR THE AMENDMENT TO THE COMPANY’S CERTIFICATE OF INCORPORATION TO CHANGE ITS CORPORATE NAME

On July 30, 2018, the Company, entered into an Agreement and Plan of Merger and Reorganization (“Merger Agreement”) with Iota Networks, LLC, an Arizona limited liability company and a direct wholly owned subsidiary of the Company (the “Merger Sub”), M2M Spectrum Networks, LLC, an Arizona limited liability company (“M2M”), and Spectrum Networks Group, LLC, an Arizona limited liability company and the majority member of M2M. Pursuant to the terms of the Merger Agreement, Merger Sub will merge with and into M2M (the “Merger”), a dedicated Internet of Things (IoT) network access and IoT solutions company, with M2M continuing as the surviving entity and a wholly owned subsidiary of the Company. In connection with the Merger, the Company believes that its new proposed name, “Iota Communications, Inc.” will more accurately reflect the combined Company’s business focus and its proposed business activities.