Item 8.01 Other Event
It's all in the wording.
On June 10, 2023, the Company initiated preliminary discussions regarding the acquisition of a company operating in the food and/or supplement industry, which could potentially lead to a change of control within the Company. These discussions involve multiple potential acquisition targets, indicating the Company's proactive approach in exploring various opportunities. If an agreement is reached, it is anticipated that the current management would resign, making way for the appointment of new officers and new board of directors.
As of now, the Company has not set a specific timetable for finalizing a deal, nor can it guarantee the consummation of any agreement. This cautious stance reflects the Company's commitment to conducting thorough due diligence and ensuring that any potential acquisition aligns with its strategic goals and vision.
Dated: June 15, 2023