United Consortium Ltd. (UCSO)

[KNTN]

On March 10, 2017 we agreed to acquire a domain portfolio via an assignment provision of an amended asset purchase agreement entered into between TheDirectory.com, Inc. and Domain Sales & Leasing, LLC (Originally dated August 7, 2015) in exchange for assumption of a previously issued promissory note in the amount of $425,000. As part of the agreement we also agreed to issue to TheDirectory.com, Inc. preferred shares reflecting 60% ownership interest in our Company. We also agreed to file an initial disclosure document with OTC Markets within 90 days to update our public information and to bring the Company’s reporting status to OTC Markets Pink Current.

The Internet domain portfolio consists of 118 Internet domain names and approximately 30 websites focused on the legal industry. Some of the key domain names in the portfolio are: ImmigrationAttorney.com, DUILawyers.com, CriminalAttorneys.com, PersonalInjuries.com and TaxAttorneys.com.



The information in this Current Report on Form 8-K is being “furnished” pursuant to Item 7.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any Company filing, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
https://www.otcmarkets.com/filing/html?id=11937285&guid=oiJyUadPGcBAh3h

$UCSO