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Tuesday, 04/01/2014 9:01:07 AM

Tuesday, April 01, 2014 9:01:07 AM

Post# of 287
UNOV Just released 8k on HEMP



On March 24, 2014, Ultimate Novelty Sports, Inc. entered into a Founders Agreement with Majorca Group, Ltd., a Marshall Islands Corporation. The Founder Agreement provides that in exchange for issuance of 25,000,000 of the Company’s common shares, that Majorca Group shall provide the following services:

A. Securing an agreement with an established company in the nutritional and health care industry for product development including idea generation, preforming and designing formulations for products to be used in the health and nutrition market.

B. Arranging for the development and formulation of two new products for the Company using FDA approved labs to produce the products. One product will be a body lotion which will include progesterone and/or collagen and the other will be an Oxygen based cleanser.

C. Developing, implementing and launching a Nutritional, Formulation and Dietary Supplement ecommerce platform.

D. Securing an agreement with an established hemp based Biotechnology Company that has developed proprietary cultivation and processing ability allowing for the accessibility & democratization of cannabinoid extracts for the neutraceutical market.

E. Developing, implementing and launching an online portal and mobile app dealing with cannabis and hemp. Further, creating scale-able API that has a database of cannabis and cannabis related products, businesses, and opportunities.

F. Securing an agreement with a leading supplier in the business of producing or otherwise procuring, distributing and/or selling electronic cigarette products.

The initial Compensation to the Founder will be twenty five million (25,000,000) restricted shares of the company’s common stock.

(c) Exhibits

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9892943

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