2050 MOTORS, INC. (OTCMKTS:ETFM) Files An 8-K Other Events

2050 MOTORS, INC. (OTCMKTS:ETFM) Files An 8-K Other Events
ITEM 8.01 Other Events

On August 23, 2019, 2050 Motors, Inc. engaged Crisco Shaw Consulting, LLC d/b/a CSC Analytics (“CSC Analytics”) to create a UI system to be integrated into dongles to provide streaming content with integration for social media products and customer-focused ad channels. The project will be completed in over an estimated period of four (4) months, with four payments totaling cash of $25,000 and 75,000 Series B Preferred Shares convertible into 75,000,000 common shares of 2050 Motors. CSC Analytics may request some or all of the cash portion to be paid in additional Series B Preferred Shares. Concurrent with R&D, 2050 will engage project managers for content, network design, build and operation, billing and support services and introduce CSC Analytics and its affiliates to 2050’s social network development group, MarkUp Designs Ltd., which is currently coding and hosting www.Kanab.Club.

Item 9.01. Exhibits

(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:

Exhibit No. Description
10.1 CSC UI / Dongle Development Proposal – August 23, 2019
10.2 CSC General Services Agreement – August 23, 2019

2050 MOTORS, INC. Exhibit

To view the full exhibit click here

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2050 Motors, Inc. is a development-stage company. The Company’s principal activity is the importation and the marketing and selling of electric automobiles. The Company has an exclusive license to import, market and sell in the United States, Puerto Rico, the United States Territories and Peru, the e-Go lightweight carbon fiber all-electric vehicle design and electric light truck, manufactured by Jiangsu Aoxin New Energy Automobile Co., LTD (Aoxin Automobile) located in the Peoples Republic of China. Aoxin Automobile develops and manufactures a lightweight, carbon fiber e-Go EV electric car (e-Go EV). The Company focuses on importing vehicles completely fabricated and assembled in China from Aoxin Automobile. The Company has not generated any revenues.

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