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Note 7 - Subsequent Events
3 Months Ended
Sep. 30, 2015
Notes  
Note 7 - Subsequent Events

NOTE 7 – SUBSEQUENT EVENTS

 

On October 8, 2015, the Company entered into a conditional Agreement and Plan of Share Exchange (“Agreement”) with NABUfit Global ApS, a Danish company (“NABUfit”) and the stockholders of NABUfit pursuant to which the Company agreed, subject to the terms of the Agreement, to acquire 100% of the issued and outstanding equity interests of NABUfit, in exchange for 15,500,000 shares of common stock, par value $0.0001 per share, issuable to the equity holders of NABUfit (the “Share Exchange”).  Upon closing of the Share Exchange, the shareholders of NABUfit will own an aggregate of 15,500,000 shares of the Company’s common stock, or approximately 80% of the total issued and outstanding shares.  The Agreement requires, upon the closing of the Share Exchange, subject to compliance with Rule 14f-1 of the Securities Act of 1933, as amended, the resignation of certain officers and directors of the Company and the appointment of certain officers and directors previously associated NABUfit.