OTC/PINK Breaking Material Events

[Quintessence]

SNTW(3.00) SC 14F1 Change in the Majority of the Board of Directors

https://www.otcmarkets.com/filing/html?id=13271831&guid=ZgFtUKEPrV_zJ3h

On or about February 11, 2019, the shareholders of SNTW entered into a Stock Purchase Agreement (“SPA”) with certain purchasers of such shares (“Purchasers”), which was approved by the Board of Directors. Under the terms of the SPA, the purchasers will purchase approximately 4,981,600 shares of the SNTW common stock (the "Purchase Transaction").

In connection with the purchase of the common stock the Purchasers and the Board of Directors have decided to reconstitute the Board of Directors and Executive Officers. This Information Statement contains information about persons who will serve as officers of the Company or as Directors on the Board of Directors.

THE CHANGE IN THE COMPOSITION OF THE BOARD OF DIRECTORS DISCLOSED IN THIS SCHEDULE 14f-1 FILING WILL RESULT IN A CHANGE IN CONTROL OF THE BOARD OF DIRECTORS OF THE COMPANY.

No action is required by the shareholders of the Company in connection with the election or appointment of the new directors. However, Section 14(f) of the Securities Act of 1934, as amended, requires the mailing to the Company's shareholders of this Information Statement not less than ten days prior to the change in a majority of the Company's directors if said change occurs without a meeting of the Company's shareholders.