Lans Holdings Inc (fka LAHO)

[barnyarddog]

December 26, 2019 Dear Shareholders,

As a follow up to management’s previous release, the Company has entered into a post-closing amendment to the original agreement, allowing for the original terms to stand and as an alternative, granting Lans an option as follows:

New Option
The Option would allow Lans to distribute to Lans shareholders a total of 8,000,000 preferred shares of MSSV that convert as a whole into a total number of shares of MSSV equal to: total MSSV shares outstanding at time of conversion multiplied by 2.7. As a whole this represents a 73% ownership stake in MSSV at time of conversion. The preferred shares are convertible at any time but would automatically convert 2 years after issuance. Lans shareholders would therefore be able to hold the preferred shares for up to 2 years from issuance before converting into common shares. Upon distribution, Lans shareholders would receive the preferred shares on a pro rata basis based on their Lans shareholdings. A registration statement would also be filed as part of the distribution to Lans shareholders. Please refer to the 8K filed by MSSV today.

Opting for or against the new option will be put up for a vote of Lans shareholders. Management will begin to organize the documents necessary as part of the vote. The documents will provide shareholders with additional information regarding: (i) the original terms, (ii) the new option, and (iii) the mechanics of the vote.

Management will be posting more information with respect to the shareholder vote in the new year. Management has put a lot of effort into this matter on behalf of its shareholders and appreciates shareholders patience in this process.

Shareholders can email the company at [e-mail] with any questions.Management extends its wishes for happy holidays to shareholders

http://lans.holdings/Clarification_LANS_MSSV.pdf