UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
INFORMATION
STATEMENT
PURSUANT
TO SECTION 14(C)
OF
THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
SCHEDULE
14C
(RULE
14C-101)
Information
Statement Pursuant to Section 14(c) of the Securities Exchange Act of 1934
Check
the appropriate box:
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Preliminary
Information Statement
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[X]
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Definitive
Information Statement
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Confidential,
for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))
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ZENERGY
BRANDS, INC.
(Name
of Registrant As Specified In Its Charter)
Payment
of Filing Fee (Check the Appropriate Box):
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Fee
computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
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(1)
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Title
of each class of securities to which transaction applies:
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(2)
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Aggregate
number of securities to which the transaction applies:
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(3)
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Per
unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined): ______________________________________
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(4)
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Proposed
maximum aggregate value of transaction:
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(5)
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Total
fee paid:
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Fee
paid previously with preliminary materials
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check
box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date
of its filing.
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(1)
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Amount
previously paid:
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(2)
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Form,
Schedule or Registration Statement No.:
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(3)
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Filing
Party:
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(4)
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Date
Filed:
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ZENERGY
BRANDS, INC.
NOTICE
OF STOCKHOLDER MEETING
May
11, 2018
Dear
Stockholders:
We
are furnishing the attached Information Statement to the holders of Class A and Class B common stock, par value $0.001 per share
(together, the “Common Stock”), of Zenergy Brands, Inc., a Nevada corporation (the “Company,” “we,”
“us,” “our” or similar terminology). The purpose of the Information Statement is to notify the Company’s
stockholders that the Company held a meeting on April 12, 2018, at which the holders of approximately 82% of our outstanding Common
Stock as of April 12, 2018, approved the election of Alex Rodriguez, Byron T. Young and Joshua Campbell as directors of the Company
(the “Action”).
No
other votes were required to adopt the Action and none were solicited or are being solicited
hereunder.
The accompanying Information Statement is being provided to you for your information to comply with the requirements of Regulation
14C of the Securities Exchange Act of 1934, as amended (“Exchange Act”).
You are urged to read the Information
Statement carefully in its entirety. However, no action is required on your part in connection with the Information Statement
or the actions taken by the Voting Stockholders
. No additional meeting of our stockholders will be held or proxies requested.
Under
Rule 14c-2(b) of the Exchange Act, the Actions described in this Information Statement may constitute a “corporate action”
under such Rule and therefore may not be effective until 20 calendar days after we have sent or given the Information Statement
to our stockholders. To fulfill the requirements of Regulation 14C, we intend to distribute this Notice and Information Statement
to our stockholders. The record date for purposes of determining the number of issued and outstanding shares of voting stock,
and thus voting power, was April 12, 2018.
THIS IS FOR YOUR INFORMATION ONLY. YOU DO NOT NEED TO DO ANYTHING IN RESPONSE TO
THIS INFORMATION STATEMENT. THIS IS NOT A NOTICE OF A MEETING OF STOCKHOLDERS AND NO STOCKHOLDER MEETING WILL BE HELD TO CONSIDER
ANY MATTER DESCRIBED HEREIN.
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Sincerely
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/s/
Alex Rodriguez
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Name:
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Alex Rodriguez
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Title:
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Chief Executive
Officer and Chief Financial Officer
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ZENERGY
BRANDS, INC.
7700
Windrose Ave. #G300, Plano TX 75024
(469)
228-1400
INFORMATION
STATEMENT
WE
ARE NOT ASKING YOU FOR A PROXY AND
YOU
ARE REQUESTED NOT TO SEND US A PROXY
INTRODUCTION
This
Information Statement is being furnished to the holders of Class A and Class B common stock, par value $0.001 per share (the “Common
Stock”), of Zenergy Brands, Inc. (the “Company,” “we,” “us,” “our” or similar
terminology) in connection with the actions taken by our majority stockholders at a meeting on April 12, 2018.
This
Information Statement is being furnished by us to our stockholders of record as of April 12, 2018 (the “Record Date”),
to inform our stockholders that on April 12, 2018, the Company held a shareholder meeting at which holders of approximately 82%
of our outstanding Common Stock as of such date, approved the election of Alex Rodriguez, Byron T. Young and Joshua Campbell as
directors of the Company (the “Action”).
As
of the Record Date, the Voting Shareholders beneficially owned an aggregate of 377,152,650 of our Class A Common Stock and 10,000,000
shares, or 100.0%, of our Class B Common Stock. Each share of our Class A Common Stock has one vote per share, and each share
of our Class B Common Stock has 200 votes per share. Accordingly, the Voting Shareholders control a majority (82%) of our voting
power and therefore are able to control all matters submitted to our stockholders for approval.
We
are distributing this Information Statement to our stockholders in satisfaction of any notice requirements we may have under Regulation
14C of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
This
Information Statement is dated as of and is first being sent or given to our stockholders of record on or about May 14,
2018.
As
of the Record Date, there were 1,064,068,441 shares of our Class A Common Stock and 10,000,000 shares of our Class B Common
Stock issued and outstanding and entitled to notice of and to vote on all matters presented to stockholders. We have 500,000 shares
of Series A preferred stock issued and outstanding. The required vote for the adoption of the Actions was a majority of the issued
and outstanding shares of Common Stock. On April 12, 2018, the Voting Stockholders, as the holder of record of approximately 82%
of the outstanding shares of our voting stock on such dates, held a meeting to approve the Action. Because sufficient stockholder
approval was obtained for the approval of the Action, no other consents or votes were or will be solicited in connection with
this Information Statement.
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
Proposals
by Security Holders
No
stockholder has requested that we include any additional proposals in this Information Statement.
Interest
of Certain Persons In or Opposition to Matters to be Acted Upon
Except
as described below, no director, executive officer, nominee for election as a director, associate of any director, executive officer
or nominee or any other person has any substantial interest, direct or indirect, by security holdings or otherwise, resulting
from the Action described herein, which is not shared by all other stockholders pro-rata, and in accordance with their respective
interests.
Security
Ownership of Certain Beneficial Owners and Management
The
following table sets forth information about the beneficial ownership of our Common Stock and Class B Common Stock as of March
31, 2018, by:
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Each
of our named executive officers and directors,
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All
executive officers and directors as a group, and
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Each
person known by us to be the beneficial owner of more than 5% of our outstanding capital stock.
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Unless
otherwise noted below, the address for each beneficial owner listed on the table is c/o Zenergy Brands, Inc, 7700 Windrose Ave.
#G300, Plano, TX 75024. We have determined beneficial ownership in accordance with the rules of the SEC. Except as indicated by
the footnotes below, we believe, based on the information furnished to us, that the persons and entities named in the tables below
have sole voting and investment power with respect to all shares of capital stock that they beneficially own, subject to applicable
community property laws.
In
computing the number of shares of Common Stock beneficially owned by a person and the percentage ownership of that person, we
deemed outstanding shares of Common Stock subject to options or issuable upon conversion of preferred stock held by that person
that are currently exercisable or exercisable within 60 days of March 31, 2018. We did not deem these shares outstanding, however,
for the purpose of computing the percentage ownership of any other person.
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Class A
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Class B
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Common
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Common
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Stock
Beneficial
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Percent of
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Stock
Beneficial
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Percent of
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Name and Address of Beneficial Owner
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Ownership
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Class
(1)
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Ownership
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Class
(2)
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Named Executive Officers and Directors:
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Byron T. Young
(3)
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237,152,650
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22.4
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%
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5,000,000
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50.0
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%
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Alex Rodriguez
(4)
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140,000,000
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13.2
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%
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5,000,000
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50.0
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%
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All executive officers and directors as a group (two people)
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377,152,650
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35.7
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%
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10,000,000
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100.0
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%
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(1)
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Calculated
on the basis of 1,057,268,441 issued and outstanding shares of Class A common stock as of March 31, 2018. Share amount excludes
shares which Mr. Young has a right to acquire. See Note 3 below. Holders of our Class A common stock are entitled to
one vote per share.
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(2)
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Calculated
on the basis of 10,000,000 issued and outstanding shares of Class B common stock as of March 31, 2018 holders of our
Class B common stock are entitled to 200 votes per share.
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(3)
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Shares
consist of 141,809,650 shares owned, 56,333,333 shares issuable upon conversion of promissory notes and 32,166,667 issuable
upon exercise of warrants. Calculation of percent is based upon 1,025,543,334 shares which include the convertible
note shares and warrant shares. Shares are owned by various partnerships, retirement accounts and the personal
account of Mr. Young who beneficially owns such shares. Mr. Young’s address is 4200 South Freeway, #408, Ft.
Worth, TX 76115.
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(4)
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Shares
are owned by NAUP Investments, LLC, which is an entity owned or controlled by Mr. Rodriguez who is deemed the beneficial owner
of such shares. NAUP Investments, LLC’s address is 1861 Brown Blvd., Ste. 217-703, Arlington, TX 76006.
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DESCRIPTION
OF STOCKHOLDER ACTIONS
Introduction
On
April 12, 2018, the Voting Stockholders, as the holder of approximately 82% of our outstanding Common Stock as of such date, approved
at a meeting, action to elect Alex Rodriguez, Byron T. Young and Joshua Campbell as directors of the Company.
Effectiveness
of the Actions
Under
Rule 14c-2(b) of the Exchange Act, the Actions described in this Information Statement may constitute a “corporate action”
under such Rule and therefore may not be effective until 20 calendar days after we have sent or given the Information Statement
to our stockholders. To fulfill the requirements of Regulation 14C, we intend to distribute this Notice and Information Statement
to our stockholders.
Certain
Information Regarding the Newly Appointed Directors
The
following is certain biographical information relating to Mr. Rodriguez, Mr. Young and Mr. Campbell as provided to the Company
by Mr. Rodriguez, Mr. Young and Mr. Campbell, respectively:
Alex
Rodriguez
,
44, has served as our President and Chief Executive Officer, and as a member of our board of directors
since December 2015. Mr. Rodriguez has 18 years of energy experience and a total of 22 years of business experience at the C-Level
across the energy, telecom and information technology industries. Mr. Rodriguez is a business development and marketing executive
that has successfully launched five different companies that were collectively responsible for nearly $6 billion in sales revenue
over the course of his career within the energy (power and natural gas) industry. This experience includes, but is not limited
to the following private companies SYNRG Marketing (Chief Business Officers & Partner) and Utility Choice Electric (VP of
Sales & Marketing) from 2001 through 2003, AmPro Energy (VP if Business Development) from 2003 through 2004, Stream Energy
and Ignite (Founder & Managing Partner) from 2004 through end of 2009. In August 2004, Mr. Rodriguez co-founded and served
as Managing Partner of Stream Energy, a fast-growing retail energy provider that provided electricity and natural gas services
to approximately 400,000 customers and grossed over $2 billion within the first four years of operation. Upon his exit from Stream
Energy in late 2009, Mr. Rodriguez founded and still serves as Managing Director of what is now known as NAUP Investments, LLC,
which is an energy holding company and venture development firm with holdings and/or previous holdings in energy, solar, energy
brokerage and energy software related entities. In his position at NAUP, Mr. Rodriguez founded and grew several companies. Diversegy
LLC and EPIQ Energy, LLC were among these NAUP projects. Rodriguez served as CEO for these companies and was successful in selling
both of these companies to an NYSE publicly traded energy company (Genie Energy) in December of 2013. Diversegy LLC is a national
energy brokerage company that advises commercial, industrial and municipal customers regarding their natural gas and power needs.
The board of directors believes that Mr. Rodriguez’s experience in business development and successful growth and sales
in the energy industry, as well as his understanding of energy sector business operations, will be valuable in executing our business
strategy.
Byron
T. Young
, 44,
has served as our Treasurer and as our Chairman of the Board since December 2015. As the Company’s
Chairman, Mr. Young oversees the Company’s vision, growth, strategies and expansion efforts. He has over 20 years of entrepreneurial
experience founding several technology-based companies and leading them through an exit strategy and/or into profitable growth
stages. His experience encompasses the telecommunications, wireless, software and energy industries. In the early 1990s, Mr. Young
founded several paging services companies that operated profitably through the peak of the paging services space. This led him
to found a Competitive Local Exchange Carrier (C-LEC) in 2001 under the name of Extel Enterprises, which was ultimately sold to
publicly traded Usurf America, Inc. in 2004. Shortly thereafter, Mr. Young founded a Retail Energy Provider in 2005 under the
name Young Energy, LLC, which provides electricity and natural gas services to residential and commercial customers in Texas and
where Mr. Young currently serves as a senior advisor and board member. In 2010, Mr. Young founded Assist Wireless, a wireless
communication company providing prepaid cellular voice and data as well as government subsidized lifeline services to over 130,000
customers across four states. He currently serves as CEO of Assist Wireless. In November 2017, Mr. Young founded MegaCrypto, Inc.
which currently mines cryptocurrencies such as Bitcoin and Litecoin. The board of directors believes that Mr. Young’s experience
founding and operating technology-based companies provides him with an intimate knowledge of our day-to-day operations, business
and competitive environment, as well as our opportunities, challenges and risks.
Joshua
Campbell
, 42, has served as our Secretary and Senior Vice President of Administration & Planning since April 2018,
where he is
responsible for the Company’s back-office functions, including but not limited
to compliance and regulatory matters, planning, budgets, billing and reconciliation of all affiliate Company revenues. Mr. Campbell
has 15 years of operational, business continuity and infrastructure related experience, including setting up and establishing
operating infrastructure and information technology (IT) related infrastructure departments, and implementing best-practices operating
policies and procedures. From 2009 to 2017, Mr. Campbell, served as the Senior Information Technology Manager for USA Environment,
LP, where he reported to the chief operating officer and chief risk officer and was primarily responsible for ensuring the reliability
and stability of the company’s operating network infrastructure which supported approximately 500 users across multiple
offices and job-sites across the continental United States. In that position, he oversaw network design and re-design and the
transition into a “virtual environment”, and he also managed data centers and facilities and key vendor relationships
to ensure business continuity and disaster recovery protocols. His team was also responsible for installing and supporting all
network hardware peripherals such as firewalls, routers, switches, servers, wireless access points, MPLS, and telecom premise
equipment/systems. From 2005 through 2009, Mr. Campbell worked in the deregulated energy industry, being amongst the first team
members for a start-up that was co-founded by Alex Rodriguez, Stream Energy. During this period, Mr. Campbell held the role of
Director of Network Services, wherein, his responsibilities included infrastructure creation and maintenance, telecom services,
and the design and build-out of the company’s customer service call center. In 2007, Campbell joined US First Energy, an
energy brokerage with offices in Dallas, Houston, Chicago and New York City, where he was responsible for operations, business
process engineering and management of the company’s information and payroll systems. From 1997 to 2005, Mr. Campbell served
in various management level positions at the respective IT and infrastructure departments of Omni Hotels, Dairy Farmers of America,
and USD 500 (Kansas City).
There
are no family relationships between any of our directors or executive officers.
Board
Committees and Director Independence
Director
Independence
We
do not have any independent directors as the OTCQB marketplace, on which the Company’s securities are currently traded,
does not have a requirement that certain members of a company’s board of directors be independent. In evaluating the independence
of its members and the composition of its planned committees, the board of directors utilizes the definition of “independence”
developed by the Nasdaq Stock Market and in SEC rules, including the rules relating to the independence standards of audit committee
members and the non-employee director definition of Rule 16b-3 promulgated under the Exchange Act. The board of directors has
determined that none of its current members is independent.
Board
Committees
Our
Board of Directors has not established any committees, including an audit committee, a compensation committee or a nominating
committee, or any committee performing a similar function. The functions of those committees are being undertaken by our Board.
Because we do not have any independent directors, our Board believes that the establishment of committees of our Board would not
provide any benefits to our company and could be considered more form than substance.
Section
16(a) Beneficial Ownership Reporting Compliance
Section
16(a) of the Exchange Act requires that our directors and executive officers and persons who beneficially own more than 10% of
our common stock (referred to herein as the “reporting persons”) file with the SEC various reports as to their ownership
of and activities relating to our common stock. Such reporting persons are required by the SEC regulations to furnish us with
copies of all Section 16(a) reports they file.
Based
solely upon a review of copies of Section 16(a) reports and representations received by us from reporting persons, and without
conducting any independent investigation of our own, in fiscal year 2017, all Forms 3, 4 and 5 were timely filed with the SEC
by such reporting persons.
Code
of Business Conduct and Ethics and Insider Trading Policy
We
have not adopted a code of ethics or an insider trading policy. We expect that we will adopt a code of business conduct and ethics
and an insider trading policy that apply to all of our employees, officers and directors, including those officers responsible
for financial reporting. Once adopted, we will make the code of business conduct and ethics and such insider trading policy available
on our website at www.zenergybrands.com. We intend to post any amendments to the code, or any waivers of its requirements, on
our website.
Executive
Compensation
The
following table sets forth all compensation paid to our named executive officers at the end of the fiscal years ended December
31, 2017 and 2016. Individuals we refer to as our “named executive officers” include our Chief Executive Officer and
Chief Financial Officer.
Name and Principal Position
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Fiscal Year Ended
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Salary ($)
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Bonus
($)
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Stock Awards ($)
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Option Awards ($)
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All Other Compensation ($)
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Total
($)
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Alejandro Rodriguez (1)
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12/31/2017
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180,000
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-
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-
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-
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-
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180,000
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12/31/2016
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180,000
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-
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-
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-
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180,000
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Byron T. Young (2)
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12/31/2017
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102,000
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-
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-
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102,000
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12/31/2016
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102,000
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-
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-
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102,000
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(1)
Mr. Rodriguez was appointed as a Director and our President on November 23, 2015 and as our Chief Executive Officer on February
4, 2016 in addition to the offices he previously held.
(2)
Mr. Young was appointed as Chairman of the Board, Chief Executive Officer, Secretary and Treasurer of the Company on November
18, 2015 and on February 4, 2016 relinquished his role as Chief Executive Officer upon the appointment of Mr. Rodriguez to such
position.
Narrative
Disclosure to Summary Compensation Table
Employment
Agreements
The
Company has an oral agreement with Mr. Rodriguez pursuant to which he receives a salary of $180,000 per year for his services
as our President, Chief Executive Officer and Chief Financial Officer. During the year ended December 31, 2017, Mr. Rodriguez
was paid $180,000.
Mr.
Young currently receives $102,000 per year as compensation for his services as Chairman of the Board. Mr. Young has not been paid
and the Company has accrued the balance.
Outstanding
equity awards
None.
Compensation
of Directors
Historically,
our directors have not received compensation for their service as a member of our board, but we may compensate our directors for
their service in the future. We reimburse our directors for reasonable travel expenses incurred in attending board and committee
meetings. We also intend to allow our directors to participate in any equity compensation plans that we adopt in the future.
CERTAIN
RELATIONSHIPS AND RELATED PARTY TRANSACTIONS
Related
Party Transactions
Stock
Purchases
On
February 1, 2016, the Company entered into a Stock Purchase Agreement with Mr. Alex Rodriguez, its President, Chief Executive
Officer, Chief Financial Officer and director pursuant to which Mr. Rodriguez purchased 2,000,000 of the Company’s shares
of the Company’s Class B Common Stock in exchange for $6,000. On February 1, 2016, the Company also entered into a Stock
Purchase Agreement with Mr. Byron Young, its Chairman, pursuant to which Mr. Young purchased 2,000,000 of the Company’s
shares of Class B Common Stock in exchange for $6,000.
On
June 30, 2016, the Company entered into a Stock Purchase Agreement with Mr. Rodriguez pursuant to which Mr. Rodriguez purchased
3,000,000 shares of the Company’s Class B Common Stock for $9,000. On June 30, 2016, the Company also entered into a Stock
Purchase Agreement with Mr. Young pursuant to which he purchased 3,000,000 shares of the Class B Common Stock for $9,000.
On
July 1, 2016, the Company exchanged 165,000,000 shares of the Company’s unregistered shares of Common Stock for 100% of
the outstanding Common Stock of Chron Energy, Inc. (“CEI”), a Nevada Corporation to related parties in which Alex
Rodriguez had a 50% beneficial interest.
Loan
from Chairman
On
November 20, 2015, the Company issued a convertible secured promissory note in the amount of up to $200,000 of which $169,000
in loan advances have been made by Mr. Young to the Company. Interest on the amount outstanding under the note accrues at an annual
rate equal to the lesser of 2.0% or the highest lawful rate, as defined in the note. The outstanding principal amount and all
accrued and unpaid interest shall be due and payable on December 31, 2016. Through an amendment to the note, the due date has
been extended to December 31, 2018.
The
note may be prepaid in whole or in part without premium or penalty to the extent that Mr. Young has not exercised his conversion
rights.
Upon
an event of default, Mr. Young may declare all amounts due under the note due and payable without the need to give notice or demand.
Events of default under the note include the failure to pay any amount due under the note and a failure to remedy the nonpayment
within five calendar days and the bankruptcy, liquidation, reorganization, dissolution, winding up or other similar event of the
Company. From and after the occurrence of an event of default, amounts due under the note shall bear interest at a rate per annum
equal to the lesser of 18% or the highest lawful rate, payable on demand.
Mr.
Young has the option at any time and from time to time to convert all or a portion of the outstanding principal amount and accrued
interest under the note into shares of the Company’s Common Stock at a conversion price of $0.003, subject to adjustment
in the event of any stock dividend, stock split, combination and reclassification of our Common Stock.
The
note may be transferred upon prior written notice to the Company to ensure compliance with applicable federal and state securities
laws.
In
further consideration for the $200,000 loan to the Company, the Company issued Mr. Young a warrant to purchase 32,166,667 shares
of its Common Stock that may be exercised in whole or in part at any time and from time to time until the last calendar day of
the month in which the fifth anniversary of the issuance date occurs.
The
exercise price of the warrant is the greater of (i) $0.05 or (ii) 200% of the conversion price per share of Common Stock as defined
in the convertible promissory note. If the market price of one share of Common Stock is greater than the exercise price, Mr. Young
may elect a cashless exercise pursuant to the terms set forth in the warrant.
The
exercise price and the number of shares of Common Stock purchasable upon the exercise of the warrant are subject to adjustment
upon the occurrence of specific events, including stock dividends, stock splits, combinations and reclassifications of our Common
Stock, as well as the issuance of options or other rights to purchase Common Stock at a price less than the exercise price of
the warrant.
Subject
to applicable laws, the warrant may be transferred at Mr. Young’s option in compliance with applicable federal and state
securities laws.
Policy
Regarding Transactions with Related Persons
We
do not have a formal, written policy for the review, approval or ratification of transactions between us and any director or executive
officer, nominee for director, 5% stockholder or member of the immediate family of any such person that are required to be disclosed
under Item 404(a) of Regulation S-K. However, our policy is that any activities, investments or associations of a director or
officer that create, or would appear to create, a conflict between the personal interests of such person and our interests must
be assessed by our Chief Executive Officer and must be at arms’ length.
ANNUAL
REPORT ON FORM 10-K AND ADDITIONAL INFORMATION
Information
Available
The
Company is subject to the information and reporting requirements of the Exchange Act and in accordance with the Exchange Act,
the Company files periodic reports, documents and other information with the SEC relating to its business, financial statements
and other matters, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, and any reports
prior to or subsequent to that date. These reports and other information filed by the Company with the SEC may be inspected and
are available for copying at the public reference facilities maintained at the SEC at 100 F Street NW, Washington, D.C. 20549.
The
Company’s filings with the SEC are also available to the public from the SEC’s website, http://www.sec.gov. The Company’s
Annual Report on Form 10-K for the year ended December 31, 2017, and other reports filed under the Exchange Act, are also available
to any stockholder at no cost upon request to: 7700 Windrose Ave. #G300, Plano TX 75024
Stockholder
Communications
Stockholders
wishing to communicate with the Board may direct such communications to the Company at 7700 Windrose Ave. #G300, Plano TX 75024,
Attn: Joshua Campbell. Mr. Campbell will present a summary of all stockholder communications to the Board at subsequent Board
meetings. The directors will have the opportunity to review the actual communications at their discretion.
Delivery
of Documents To Security Holders Sharing An Address
If
hard copies of the materials are requested, we will send only one Information Statement and other corporate mailings to stockholders
who share a single address unless we received contrary instructions from any stockholder at that address. This practice, known
as “householding,” is designed to reduce our printing and postage costs. However, the Company will deliver promptly
upon written or oral request a separate copy of the Information Statement to a stockholder at a shared address to which a single
copy of the Information Statement was delivered. You may make such a written or oral request by (a) sending a written notification
stating (i) your name, (ii) your shared address and (iii) the address to which the Company should direct the additional copy of
the Information Statement, to the Company at 7700 Windrose Ave. #G300, Plano TX 75024. If multiple stockholders sharing an address
have received one copy of this Information Statement or any other corporate mailing and would prefer the Company to mail each
stockholder a separate copy of future mailings, you may send notification to or call the Company’s principal executive offices.
Additionally, if current stockholders with a shared address received multiple copies of this Information Statement or other corporate
mailings and would prefer the Company to mail one copy of future mailings to stockholders at the shared address, notification
of such request may also be made by mail or telephone to the Company’s principal executive offices.