Solei Systems Inc. (fka SOLI)

[mikeo56]

Re post and Question on next post.

11.) On Jan 15th 2019 the 8k came out of no where regarding the Soli acquisition of CareClix. It was a LOI and a DD period ending in Jan 31st per the 8k and if all parties agreed we would go to close.

https://www.sec.gov/Archives/edgar/data/1750384/000106594919000002/0001065949-19-000002-index.htm

12.) On February 26th the Binding LOI was signed as definite binding agreement and the 8k came out confirming both Parties has Signed and Agreed to go to Close on April 15th. Per the agreement in the 8k the Share Structure was to be untouched as it has been. Float 49 mill OS 116 mill Mr Scott owns 64 mill Restricted.

https://www.sec.gov/Archives/edgar/data/1750384/000106594919000031/0001065949-19-000031-index.htm

13.) On March 15th A Form D hits for basically Friends and Family and Big investors to raise 3 mill. In the Form D it specifically states 1 mill will go to CareClix for the closing of the Acquisition.

https://www.sec.gov/Archives/edgar/data/1750384/000106594919000038/0001065949-19-000038-index.htm

Quote:
We will use $1,000,000 of this to complete the acquisition of assets of KB Medical Systems as described in the Form 8-K filed with the SEC, dated February 26, 2019.


14.) Per the Feb 8k SOLI will have been admitted to trading on Pink Sheets or am equivalent Exchange prior to or at Closing.

Quote:
a) Seller shall have obtained the $1,000,000 cash consideration portion of the Consideration as provided herein and the common shares of SOLI shall be admitted for trading on the OTC Markets Pink Sheets or such other equivalent trading market as Buyer and Seller shall mutually agree at or prior to Closing.


https://www.sec.gov/Archives/edgar/data/1750384/000106594919000031/soli8kfeb252019.htm


On a Side note. Mr Scott has Known Mr Korangy for many years. Its out there in the public eye. Mr Budhrani is so well recognized and also runs Innovation Health. Mr Budhrani is the founder of CareClix

Quote:
FALLS CHURCH, Va., March 6, 2019 /PRNewswire/ -- Innovation Health has named Sunil BudhraniMD, MPH, MBA, as the new Chief Executive Officer (CEO) of Innovation Health. Budhrani served as the Chief Medical Officer (CMO) for Innovation Health for the last three years and will continue in the role, while also serving as CEO.


https://www.prnewswire.com/news-releases/dr-sunil-budhrani-chosen-to-lead-innovation-health-300807753.html


SOLI is staying SOLI and CareClix is staying CareClix as a Subsidiary of SOLI and operating business as usual. CareClix Management is receiving employee contracts etc.. Which will probably has stock options like Big Boards etc..

Quote: