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Friday, September 21, 2018 9:22:38 AM
PRIVATE LABEL
As of today at 3:30pm we have received a verbal agreement for our first private label deal. We have been working on this deal for the last 4 months and after many meetings we got the verbal today. As soon as we have the docs signed I will announce the company as it is a very big company and a huge deal for us. I was hoping to get signatures today but it is not possible. We are also working on two more big private label deals one in Europe and the other in Turkey. We have made every change they have asked us to make and we are pushing forward everyday. I am hoping to get answers ASAP.
SHARE REDUCTION
AS discussed per our attorneys I sent a board Resolution to our TA only to find we have 3 issues to overcome:
1. we need to settle with Delaware
2. we have 2 share reservation letters one from 2015 and one from 2014. Both of these companies hold no shares but we have to get revision letters from them to remove the reservations. I have reached out to both companies and was hoping to hear back by today.
3. I have made an offer to Delaware to reduce the amount and we believe they will accept. Once these 3 items are complete the share reduction will take place.
This is totally on me and I can only take full responsibility for these items but it will get done and soon.
HEXAGON 6TH LEG
As of today, the 6th leg of hexagon is complete we have started a new platform for merchandise to freely trade. We have purchased a variety of domain names and we are waiting to get financing in place. As soon as that happens we will announce via a PR all details. I am sure this will be a GRAND SLAM.
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