Item 1.01. Entry Into a Material Definitive Agreement.
Agreement on transfer of the Company's Stock
On March 30, 2020 FreeCook, being represented by its President and Director,
Natalija Tunevic, entered into Sale and Purchase of Ownership Interest Of 100%
of Itnia Co. LLC, a Wyoming limited liability company which owns 100% of MB
Lemalike Innovations, a Lithuanian IT consulting company with Mikhail Bukshpan.
Upon completion of the Agreement, FreeCook agrees to deliver to Itnia Co. LLC's
owners a cumulative total of one hundred fifty thousand (150,000) restricted
shares of Freeook treasury valued at One Dollar ($1.00) per share. The shares
will be delivered to Mr. Bukshpan within the mutually agreed upon time frame
following the execution of the agreement. Additionally, Freeook shall provide to
Mr. Bukshpan, as consideration, a Promissory Note in the amount of One Hundred
and Fifty Thousand United States Dollars ($150,000 US).
Upon the transaction, the additional 150,000 of FreeCook restricted common stock
will be issued and outstanding.
The Company intends to file the required financial statements in connection with
the acquisition of the Subsidiary as required under Form 8-K within 71 days from
the filing of this Form 8-K.
A copy of the Sale and Purchase of Ownership Interest is set forth herein as
Exhibit 10.3.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description of Exhibit
10.3 Sale and Purchase of Ownership Interest
© Edgar Online, source Glimpses