EXAD From one 8K in Dec.... ITEM 7.01 Regulation FD Disclosure
Experience Art and Design is pleased to announce the incoming company has agreed to bring all of their assets into EXAD in exchange for control of the company. The total value of the incoming company’s assets are expected to be between $7.5 and $8.2 million dollars for FY-2016, and over $10 million for FY-2017.
Experience Art and Design, Inc. recently announced via an 8-K the Company was entering into an agreement to acquire another company as a subsidiary to increase shareholder value while Metropolitan matured. EXAD also reported the incoming company had several million in assets and quarterly cash flow. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11741888