Neon Bloom, Inc. (OTCPK:NBCO) entered into a letter of intent to acquire Advanced Executive Sales LLC on September 28, 2023. As of April 15, 2024 Neon Bloom, Inc. (OTCPK:NBCO) entered into an agreement to acquire Advanced Executive Sales LLC. As of May 21, 2024, Neon Bloom, Inc has finalized the terms of its acquisition.

As part of the final agreement, the Company Mr. Bauer returned 200,000,000 shares of the Company?s Common Stock, returning 50,000,000 shares of Common Stock in exchange for 2,000,000 shares of the Company?s Series B Convertible Preferred Stock. As part of transaction, Mr. Bauer was also appointed as a member of the Neon Bloom, Inc.?s Board of Directors and as its Chief Executive Officer. Under the terms of the final agreement, AES will be converted from a Florida Limited Liability Company to a Florida C-Corp and continue to operate as a wholly owned subsidiary as "Advanced Executive Sales Inc." This acquisition is expected to close before May 31, 2024.