Monday, April 17, 2023 8:59:00 PM
LLC (Chad MacKay)" owns 1 share Series A Preferred Stock.
Recent Change in Control
In November 2022, the Company’s controlling shareholder, Joseph Ladin, entered into a control securities purchase agreement (the “Sale Agreement”) with Loyal Technologies, LLC, pursuant to which Mr. Ladin is to sell the single share of Series A Preferred Stock which share of Series A Preferred Stock provides voting control of the Company to its holder. The Sale Agreement closed in November 2022. As a condition precedent to the closing of the Sale Agreement, the Company was required to have divested of its operating subsidiary, SFLMaven of Florida, LLC, which occurred in November 2022.
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