Megola Inc (MGON)

[I ll be back]

Interesting update, some good, some bad.

Welcome to the current credit markets.

The bad:
Liquidnano failed to raise the funding needed to fully commercialize the business.



The good:
On August 7, 2024, the Company executed a Supply and Distribution Agreement with Kane & McHenry Enterprises LLC, a Pennsylvania Limited Liability Company, for the non-exclusive distribution of the Company’s mobile device protection formulation. The Company expects the first shipment under this Agreement to be fulfilled before the end of August. Kane & McHenry Enterprises sells their products under their own brand names into over 5,000 wireless stores in the United States as well as other channels globally. The agreement is appended hereto as Exhibit 6(e).

It's refreshing to actually see an OTC keep its shareholders informed of "actual" business dealings.