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Item 1.01 Entry into a Material Definitive Agreement.

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exorcist   Thursday, 11/14/19 11:06:39 AM
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Item 1.01 Entry into a Material Definitive Agreement.



On August 16, 2019 and September 4, 2019, the Company and DTI Holdings, Inc. (“DTI”) executed a Memorandum of Agreement (“MOA”) regarding DTI’s intent to acquire all the issued shares in the company’s wholly-owned subsidiary, StealthCo Inc. (“SCI”). The MOA set October 15, 2019 as the date to complete and execute a Definitive Agreement. On October 15, 2019, the MOA was extended to November 1, 2019. On November 1, 2019 and November 13, 2019, it was further extended to complete and execute the Definitive Agreement on November 15, 2019, subject to further extension to November 30, 2019 upon written request by DTI by November 15, 2019, and its payment of a non-refundable deposit of $50,000 on November 22, 2019, all as set forth in a Second Extension in the form of the copy attached as an Exhibit to this Report.

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