ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
Effective August 30, 2013, BioMedical Technology Solutions Holdings, Inc., a Colorado corporation (the “Company” or “BMTS”) (OTC Pink: BMTL) entered into an Agreement and Plan of Merger (“Merger Agreement”), between the Company and MedClean Technologies, Inc., a Delaware corporation (“MedClean”) (OTC Pink: MCLN). Consummation of the Merger was subject to the satisfaction of numerous conditions. Concurrently, the Company and MedClean entered into a Management Agreement. The Company announced the Merger Agreement and Management Agreement in its Current Report on form 8K dated August 30, 2013 and filed with the Commission on September 5, 2013.
On January 27, 2014, the Company received a letter on behalf of MedClean terminating the Agreement and Plan of Merger and the Management Agreement.
