Tuesday, April 27, 2021 2:52:47 PM
End of last year CEO Stephen Brown and long time friend Douglas Magallon saw "Team 360 Sport Inc." as a golden opportunity to take over and bring in their own company and assets. These are two very wealthy men imo! Payed all existing debt from the prior company and more.
Both Douglass Magallon and Stephen Brown have a long and impressive resume within the media industry including their Film making history. These dude are NO JOKES, not the avg OTC nobody ceo.
Our Board Member and Producer Douglas Magallon has an interesting list of movies he has directed and been apart of.
SOME HOW GOT CONNECTIONS TO "THE BUTTERFLY EFFECT" an extremely popular movie that carries references over to this current day!
He was the director of the behind the scenes specials such as the Creative process documentary and the visual effects documentary. Interviewing talent such as Ashton Kutcher.
These two had a good run and joined forces to make something great it looks like, making their OWN Media/film/music/game/VR based company and now including HPIL HOLDING/CYBERNETC TECHNILOGIES LTD. In recent news now David P Postula (54) Has became the president of the new public division.. David coming from VP positions in successful NASDAQ traded companies. Man is younger and Healthy and educated from an ivy league school, Buisness,MBA , etc. Stephen Young and many other experienced individuals here...
what oh what could be going on here..... :)
REFRENCES:
https://ca.linkedin.com/in/stephenyoungvancouver
https://www.imdb.com/name/nm1953016/?ref_=tt_ov_dr
https://www.linkedin.com/in/david-p-postula-3097452?trk=people-guest_people_search-card
https://ca.linkedin.com/company/crank-mediacahttps://www.imdb.com/name/nm0114723/bio
https://www.linkedin.com/in/stephen-brown-b4890a1b1/?originalSubdomain=ca
The Registrant (Team 360 Sports Inc) entered into the “General Agreement” with Crank Media Inc (“CMI”) on December 21, 2020. A copy of the General Agreement is included as an Exhibit to this Form 8-K Report.
The General Agreement includes terms and conditions providing for the following:
1. Sandor Miklos will resign as both Chief Executive Officer and Chief Financial of the Registrant and will be replaced by Stephen Brown.
2. Sandor Miklos will remain on the board of directors, the other current directors will resign, and Stephen Brown and Douglass Magallon will be appointed to the board of directors.
3. The Registrant will change its name from “Team 360 Sports Inc” to “Crank Media Inc”.
4. The Registrant will change its trading symbol from “TSOP” to “CRNK”.
5. CMI will settle two debts owed by the Registrant that are outstanding in the amounts of $100,000 and $30,000 within 45 days of the General Agreement.
6. CMI agrees that all film, TV, music and digital VR projects owned by Stephen Brown and CMI will be “merged into the public company and become the assets of the surviving entity Crank Media Inc the then traded company. These projects include all assets currently on the website www.crankmedia.ca.”
https://www.imdb.com/name/nm1953016/?ref_=tt_ov_dr
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