MOJO Data Solutions Inc. (MJDS)

[adijas]

8k out


Item 5.01. Changes in Officer(s) of Registrant.



On September 27, 2018, Joseph Spiteri, CEO of Mojo Data Solutions Inc. (the “Company”) resigned from his positions as CEO, Officer of the Company. Simultaneously Javier-Juan Masana Modrono accepted his position as CEO, Managing Officer of the Mojo Data Solutions Inc. the “Company”.



Item 1.01 Entry into a Material Definitive Agreement.

Item 2.01 Completion of Acquisition or Disposition of Assets.



On September 27, 2018, MOJO Data Solutions, Inc., a Puerto Rico corporation (the “ Company ”), and InVision Software Inc., a New York corporation of which Joseph Spiteri has voting and dispositive control (“ InVision Software ”), entered into that certain Intellectual Property Assignment Agreement (the “IP Agreement”), pursuant to which the Company assigned and transferred to InVision Software all of its right, title, and interest of every kind and nature in and to its proprietary technologies around its multimedia reader for the Mojo Tags application (“ Acquired Rights ”). As consideration in full for the Acquired Rights, Spiteri agreed to waive any and all claims he has, or may have in the future, against the Company arising from, relating to, all outstanding invoices and expenses due to InVision Software.



On September 27, 2018 The Company’s Board of Directors accepts Joseph Spiteri’s resignation as CEO, Officer of the Company.

Furthermore, the Company’s Board of Directors appoints Javier-Juan MasanaModrono as CEO, Officer of the Company.