On August 21, 2013, PDK Energy, Inc., a Mississippi corporation (the “Company”) terminated the Definitive Agreement with Mix1, LLC, an Arizona Limited Liability Corporation (“Mix”), dated July 5, 2013 (the “Agreement”), to purchase all of Mix’s assets in exchange for One Hundred Twenty Thousand Dollars ($120,000) in cash and Two Million Five Hundred Thousand (2,500,000) shares of the Company’s common stock (the “Shares”). As a result of the termination of the Agreement, the Company shall not issue the Shares to Mix, however, the $120,000 that the Company paid to Mix is non-refundable.
On August 21, 2013, Cameron Robb resigned as the sole Officer and Director of the Company and the Company accepted the appointment of Eric Joffe as the sole Officer and Director.
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