SMC Entertainment Inc (SMCE)

[VeronicaFox]

They still owe Kanno? The Company entered into a Stock Purchase Agreement dated February 3, 2018 (the "Agreement") between the Company and Sanwire Corporation pursuant to which the Company acquired two subsidiaries of Sanwire. The purchase price under the Agreement was $1.00 plus the unconditional assumption by the Company of $1,087,500 of Sanwire's obligations under a prior Convertible Promissory Note in favor of Kanno Group Holdings ll Ltd.